0001539497-19-001841.txt : 20191030 0001539497-19-001841.hdr.sgml : 20191030 20191030161548 ACCESSION NUMBER: 0001539497-19-001841 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20191030 DATE AS OF CHANGE: 20191030 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Benchmark 2019-B14 Mortgage Trust CENTRAL INDEX KEY: 0001790013 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-226123-05 FILM NUMBER: 191180280 BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP CENTRAL INDEX KEY: 0001013611 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133789046 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: C/O STATE STREET BANK & TRUST CO STREET 2: TWO INTERNATIONAL PLACE 5TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 2126483063 MAIL ADDRESS: STREET 1: 60 WALL STREET CITY: NEW YORK STATE: NY ZIP: 10260-0066 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN J P COMMERCIAL MORTGAGE FINANCE CORP DATE OF NAME CHANGE: 19960506 FWP 1 n1856_x10-a1fwp.htm FREE WRITING PROSPECTUS

	FREE WRITING PROSPECTUS
	FILED PURSUANT TO RULE 433
	REGISTRATION FILE NO.: 333-226123-05

Free Writing Prospectus dated October 29, 2019

The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File no. 333-226123) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk at abs_synd@jpmorgan.com.

The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision.

The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale.

Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value.

Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system.

ANNEX A-1


								Number of	Property	Property		Year		Unit of		Occupancy	Appraised
Loan #	Seller⁽¹⁾	Property Name	Street Address	City	State	Zip Code	County	Properties	Type⁽²⁾	Subtype	Year Built	Renovated	Units⁽³⁾	Measure	Occupancy %⁽⁴⁾	Date	Value ($)⁽⁵⁾
1	CREFI	Watergate Office Building	2600 Virginia Avenue Northwest	Washington	DC	20037	District of Columbia	1	Office	CBD	1967	2012-2018	215,200	Square Feet	87.3%	08/06/19	105,000,000
2	GACC	225 Bush	225 Bush Street	San Francisco	CA	94104	San Francisco	1	Office	CBD	1922, 1955	2010-2013	579,987	Square Feet	97.8%	09/30/19	589,000,000
3	JPMCB	Innovation Park	7201, 7207, 7345, 7349, 8001, 8105, 8201, 8203, 8209, 8335, 8405, 8501 & 8505 IBM Drive	Charlotte	NC	28262	Mecklenburg	1	Office	Suburban	1979-2013	2011	1,854,729	Square Feet	96.1%	08/05/19	264,900,000
4	JPMCB	The Essex	125 Delancey Street	New York	NY	10002	New York	1	Mixed Use	Multifamily/Retail	2019		195	Units	100.0%	09/10/19	293,000,000
5	GACC	180 Water	180 Water Street	New York	NY	10038	New York	1	Multifamily	High-Rise	1971	2017	573	Units	97.0%	10/17/19	451,500,000
6	CREFI	Harvey Building Products	Various	Various	Various	Various	Various	30	Various	Various	Various	Various	2,046,119	Square Feet	100.0%	11/06/19	230,600,000
6.01	CREFI	Londonderry / Manufacturing	30 Jack’s Bridge Road	Londonderry	NH	03053	Rockingham	1	Industrial	Manufacturing	2007		376,294	Square Feet	100.0%	11/06/19	41,200,000
6.02	CREFI	Dartmouth / Manufacturing	7 Ledgewood Boulevard	North Dartmouth	MA	02747	Bristol	1	Industrial	Manufacturing	1999		235,239	Square Feet	100.0%	11/06/19	24,000,000
6.03	CREFI	Waltham Corporate	1400 Main Street	Waltham	MA	02451	Middlesex	1	Office	Suburban	2000		54,400	Square Feet	100.0%	11/06/19	20,900,000
6.04	CREFI	Woburn	27-33 Commonwealth Avenue	Woburn	MA	01801	Middlesex	1	Industrial	Warehouse/Distribution	1989		76,054	Square Feet	100.0%	11/06/19	13,900,000
6.05	CREFI	Nashua	90 Northeastern Boulevard	Nashua	NH	03062	Hillsborough	1	Industrial	Warehouse/Distribution	2006		111,594	Square Feet	100.0%	11/06/19	9,800,000
6.06	CREFI	Woburn CPD	35 Commonwealth Avenue	Woburn	MA	01801	Middlesex	1	Industrial	Warehouse/Distribution	1989		59,800	Square Feet	100.0%	11/06/19	9,200,000
6.07	CREFI	(West) Bridgewater	10 Turnpike Street	West Bridgewater	MA	02379	Plymouth	1	Industrial	Warehouse	2005		81,776	Square Feet	100.0%	11/06/19	8,600,000
6.08	CREFI	Manchester, NH	344 East Industrial Park Drive	Manchester	NH	03109	Hillsborough	1	Industrial	Warehouse/Distribution	2003		81,747	Square Feet	100.0%	11/06/19	7,700,000
6.09	CREFI	Norwalk 256	256-258 Martin Luther King Drive	Norwalk	CT	06854	Fairfield	1	Industrial	Warehouse/Distribution	1972		40,232	Square Feet	100.0%	11/06/19	6,900,000
6.10	CREFI	New London	1096 Hartford Turnpike	Waterford	CT	06385	New London	1	Industrial	Warehouse/Distribution	2008		70,642	Square Feet	100.0%	11/06/19	6,750,000
6.11	CREFI	East Haven	221 Commerce Street	East Haven	CT	06512	New Haven	1	Industrial	Warehouse/Distribution	2005		70,089	Square Feet	100.0%	11/06/19	6,500,000
6.12	CREFI	Lincoln	21 Wellington Road	Lincoln	RI	02865	Providence	1	Industrial	Warehouse/Distribution	2003		80,240	Square Feet	100.0%	11/06/19	6,400,000
6.13	CREFI	Bethlehem	2000 City Line Road	Bethlehem	PA	18017	Lehigh	1	Industrial	Warehouse/Distribution	1973	2005	71,091	Square Feet	100.0%	11/06/19	6,000,000
6.14	CREFI	Salem	4 Raymond Avenue	Salem	NH	03079	Rockingham	1	Industrial	Warehouse/Distribution	2001		58,286	Square Feet	100.0%	11/06/19	5,800,000
6.15	CREFI	Norwalk 260	260 Martin Luther King Drive	Norwalk	CT	06854	Fairfield	1	Industrial	Warehouse/Distribution	1974		30,000	Square Feet	100.0%	11/06/19	5,900,000
6.16	CREFI	Berlin	272 Woodlawn Road	Berlin	CT	06037	Hartford	1	Industrial	Warehouse/Distribution	1994		43,796	Square Feet	100.0%	11/06/19	5,400,000
6.17	CREFI	Dartmouth	965 Reed Road	Dartmouth	MA	02747	Bristol	1	Industrial	Warehouse	1974	2004	63,117	Square Feet	100.0%	11/06/19	5,400,000
6.18	CREFI	Manchester, CT	730 Parker Street	Manchester	CT	06042	Hartford	1	Industrial	Warehouse/Distribution	1996		49,175	Square Feet	100.0%	11/06/19	4,300,000
6.19	CREFI	Portland	401 Riverside Street	Portland	ME	04103	Cumberland	1	Industrial	Warehouse/Distribution	1976	2003	48,145	Square Feet	100.0%	11/06/19	4,100,000
6.20	CREFI	Braintree	320 Wood Road	Braintree	MA	02184	Norfolk	1	Industrial	Warehouse/Distribution	1986		32,531	Square Feet	100.0%	11/06/19	4,000,000
6.21	CREFI	Warwick	45 Lori Ann Way	Warwick	RI	02886	Kent	1	Industrial	Warehouse/Distribution	1997		43,899	Square Feet	100.0%	11/06/19	3,800,000
6.22	CREFI	Fitchburg	133 Benson Street	Fitchburg	MA	01420	Worcester	1	Industrial	Warehouse	1983		39,433	Square Feet	100.0%	11/06/19	3,400,000
6.23	CREFI	Auburn	300 Washington Street	Auburn	MA	01501	Worcester	1	Industrial	Warehouse/Distribution	1983	2006	37,132	Square Feet	100.0%	11/06/19	3,300,000
6.24	CREFI	Berlin CPD	230 Woodlawn Road	Berlin	CT	06037	Hartford	1	Industrial	Warehouse/Distribution	1977		28,163	Square Feet	100.0%	11/06/19	3,150,000
6.25	CREFI	Southampton	99 Buck Road	Huntingdon Valley	PA	19006	Bucks	1	Industrial	Warehouse/Distribution	1971	2009	36,421	Square Feet	100.0%	11/06/19	2,600,000
6.26	CREFI	Portsmouth	240 West Road	Portsmouth	NH	03801	Rockingham	1	Industrial	Warehouse/Distribution	1985	1999	31,470	Square Feet	100.0%	11/06/19	3,000,000
6.27	CREFI	Wilkes-Barre	936 Rutter Avenue	Forty Fort	PA	18704	Luzerne	1	Industrial	Warehouse/Distribution	1950	1999	32,200	Square Feet	100.0%	11/06/19	2,400,000
6.28	CREFI	Hyannis	186 Breeds Hill Road	Hyannis	MA	02601	Barnstable	1	Industrial	Warehouse	1986	2002	24,070	Square Feet	100.0%	11/06/19	2,300,000
6.29	CREFI	Springfield	175 Carando Drive	Springfield	MA	01104	Hampden	1	Industrial	Warehouse	1989		25,347	Square Feet	100.0%	11/06/19	2,300,000
6.30	CREFI	White River Junction	1354 North Hartland Road	White River Junction	VT	05001	Windsor	1	Industrial	Warehouse/Distribution	1981	2001	13,736	Square Feet	100.0%	11/06/19	1,600,000
7	CREFI	Legends at Village West	1843 Village West Parkway	Kansas City	KS	66111	Wyandotte	1	Retail	Anchored	2005	2019	702,750	Square Feet	92.1%	09/15/19	225,000,000
8	GACC	80 on the Commons	80 East Rich Street	Columbus	OH	43215	Franklin	1	Mixed Use	Office/Multifamily	2018		296,190	Square Feet	95.1%	09/19/19	73,500,000
9	JPMCB	Osborn Triangle	Various	Cambridge	MA	02139	Middlesex	3	Mixed Use	Office/Laboratory	Various	Various	676,947	Square Feet	100.0%	Various	1,158,000,000
9.01	JPMCB	610 Main Street North	610 Main Street	Cambridge	MA	02139	Middlesex	1	Mixed Use	Office/Laboratory	2016		278,738	Square Feet	100.0%	05/01/19	462,000,000
9.02	JPMCB	1 Portland Street	1 Portland Street	Cambridge	MA	02139	Middlesex	1	Mixed Use	Office/Laboratory	2013		229,330	Square Feet	100.0%	11/01/19	416,000,000
9.03	JPMCB	700 Main Street	700 Main Street	Cambridge	MA	02139	Middlesex	1	Mixed Use	Office/Laboratory	Late 1800s	2002, 2012	168,879	Square Feet	100.0%	05/01/19	280,000,000
10	JPMCB	Tysons Tower	7900 Tysons One Place	McLean	VA	22102	Fairfax	1	Office	Suburban	2014		528,730	Square Feet	100.0%	08/30/19	365,000,000
11	JPMCB	900 & 990 Stewart Avenue	900 & 990 Stewart Avenue	Garden City	NY	11530	Nassau	1	Office	Suburban	1987, 1988	2014, 2018	461,820	Square Feet	88.6%	06/11/19	121,400,000
12	JPMCB	Hilton Cincinnati Netherland Plaza	35 West Fifth Street	Cincinnati	OH	45202	Hamilton	1	Hotel	Full Service	1931	1981, 2004, 2013	561	Rooms	74.8%	08/31/19	105,500,000
13	CREFI	Oro Valley Marketplace	12155 North Oracle Road	Oro Valley	AZ	85737	Pima	1	Retail	Anchored	2008		517,901	Square Feet	85.8%	07/01/19	53,200,000
14	JPMCB	Spectrum Brands Global Headquarters	3001 Deming Way	Middleton	WI	53562	Dane	1	Office	Suburban	2013	2017	252,122	Square Feet	100.0%	11/01/19	52,100,000
15	CREFI	Compass AGP Storage Portfolio	Various	Various	Various	Various	Various	6	Self Storage	Self Storage	Various	Various	406,680	Square Feet	80.6%	07/31/19	53,030,000
15.01	CREFI	Compass Self Storage Bloomfield	58 Locust Avenue	Bloomfield	NJ	07003	Essex	1	Self Storage	Self Storage	1960	2012	96,070	Square Feet	78.8%	07/31/19	21,580,000
15.02	CREFI	Compass Self Storage Smyrna	2350 Atlanta Road	Smyrna	GA	30080	Cobb	1	Self Storage	Self Storage	2002		60,605	Square Feet	75.8%	07/31/19	7,180,000
15.03	CREFI	Compass Self Storage Port Richey	4413 Madison Street	New Port Richey	FL	34652	Pasco	1	Self Storage	Self Storage	2007		66,355	Square Feet	80.3%	07/31/19	6,760,000
15.04	CREFI	Compass Self Storage Wendell	1401 Wendell Boulevard	Wendell	NC	27591	Wake	1	Self Storage	Self Storage	2004		59,575	Square Feet	85.1%	07/31/19	6,290,000
15.05	CREFI	Compass Self Storage Duluth	1800 Sullivan Drive	Duluth	GA	30096	Gwinnett	1	Self Storage	Self Storage	2000		62,970	Square Feet	81.0%	07/31/19	5,540,000
15.06	CREFI	Compass Self Storage Kennesaw	3885 Frey Road	Kennesaw	GA	30144	Cobb	1	Self Storage	Self Storage	1997	2016	61,105	Square Feet	83.8%	07/31/19	5,680,000
16	GACC	221 West 29th St	221 West 29th Street	New York	NY	10001	New York	1	Multifamily	High-Rise	2017		95	Units	95.8%	09/26/19	46,100,000
17	JPMCB	Jersey City Group 1	Various	Jersey City	NJ	Various	Hudson	10	Multifamily	Garden	Various	2017-2019	183	Units	97.8%	09/30/19	40,800,000
17.01	JPMCB	92 & 96 Highland Avenue	92 & 96 Highland Avenue	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1901	2017-2019	38	Units	97.4%	09/30/19	8,300,000
17.02	JPMCB	58 Van Reypen Street	58 Van Reypen Street	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1917	2017-2019	26	Units	100.0%	09/30/19	5,100,000
17.03	JPMCB	67 Stuyvesant Avenue	67 Stuyvesant Avenue	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1925	2017-2019	25	Units	96.0%	09/30/19	5,000,000
17.04	JPMCB	2729 John F. Kennedy Boulevard	2729 John F. Kennedy Boulevard	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	21	Units	100.0%	09/30/19	5,000,000
17.05	JPMCB	1 Britton Street	1 Britton Street	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	18	Units	100.0%	09/30/19	4,700,000
17.06	JPMCB	46 Vroom Street	46 Vroom Street	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1924	2017-2019	20	Units	95.0%	09/30/19	4,000,000
17.07	JPMCB	6 Tonnele Avenue	6 Tonnele Avenue	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	13	Units	92.3%	09/30/19	3,200,000
17.08	JPMCB	114 Stuyvesant Avenue	114 Stuyvesant Avenue	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	8	Units	100.0%	09/30/19	2,000,000
17.09	JPMCB	64 Newkirk Street	64 Newkirk Street	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	8	Units	100.0%	09/30/19	1,900,000
17.10	JPMCB	153 Academy Street	153 Academy Street	Jersey City	NJ	07302	Hudson	1	Multifamily	Garden	1900	2017-2019	6	Units	100.0%	09/30/19	1,600,000
18	JPMCB	Jersey City Group 3	Various	Jersey City	NJ	Various	Hudson	9	Multifamily	Garden	Various	2017-2019	185	Units	96.8%	09/30/19	39,600,000
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard	3143 & 3149 John F. Kennedy Boulevard	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	34	Units	100.0%	09/30/19	7,400,000
18.02	JPMCB	169 Manhattan Avenue	169 Manhattan Avenue	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1925	2017-2019	33	Units	100.0%	09/30/19	6,500,000
18.03	JPMCB	78 Congress Street	78 Congress Street	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1900	2017-2019	25	Units	96.0%	09/30/19	6,000,000
18.04	JPMCB	516, 518 & 520 Central Avenue	516, 518 & 520 Central Avenue	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1880	2017-2019	24	Units	87.5%	09/30/19	5,800,000
18.05	JPMCB	3719 John F. Kennedy Boulevard	3719 John F. Kennedy Boulevard	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1920	2017-2019	18	Units	100.0%	09/30/19	3,400,000
18.06	JPMCB	393 Central Avenue	393 Central Avenue	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1915	2017-2019	12	Units	91.7%	09/30/19	3,300,000
18.07	JPMCB	104 Booraem Avenue	104 Booraem Avenue	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1900	2017-2019	16	Units	100.0%	09/30/19	2,700,000
18.08	JPMCB	55 Graham Street	55 Graham Street	Jersey City	NJ	07307	Hudson	1	Multifamily	Garden	1880	2017-2019	12	Units	100.0%	09/30/19	2,500,000
18.09	JPMCB	95 Beacon Avenue	95 Beacon Avenue	Jersey City	NJ	07306	Hudson	1	Multifamily	Garden	1900	2017-2019	11	Units	90.9%	09/30/19	2,000,000
19	JPMCB	Grand Canal Shoppes	3377 Las Vegas Boulevard South	Las Vegas	NV	89109	Clark	1	Retail	Specialty Retail	1999	2007	759,891	Square Feet	94.0%	05/31/19	1,640,000,000
20	JPMCB	230 Park Avenue South	230 Park Avenue South	New York	NY	10003	New York	1	Office	CBD	1895	2019	373,693	Square Feet	100.0%	09/01/19	490,000,000
21	JPMCB	Villas on Nueces	2203 Nueces Street	Austin	TX	78705	Travis	1	Multifamily	Student Housing	2019		102	Units	100.0%	10/18/19	56,900,000
22	GACC	Glendale Portfolio	Various	Glendale	CA	Various	Los Angeles	2	Multifamily	Garden	Various	2018	104	Units	96.2%	09/25/19	44,810,000
22.01	GACC	Windsor Villas	1377 East Windsor Road	Glendale	CA	91205	Los Angeles	1	Multifamily	Garden	1972	2018	62	Units	100.0%	09/25/19	24,470,000
22.02	GACC	720 Louise	720 North Louise Street	Glendale	CA	91206	Los Angeles	1	Multifamily	Garden	1970	2018	42	Units	90.5%	09/25/19	20,340,000
23	JPMCB	8 West Centre	3505 West Sam Houston Parkway North	Houston	TX	77043	Harris	1	Office	Suburban	2013		227,045	Square Feet	100.0%	07/31/19	70,000,000
24	CREFI	Florham Park Corporate Center	25 Vreeland Road	Florham Park	NJ	07932	Morris	1	Office	Suburban	1983	2009	231,061	Square Feet	93.0%	09/01/19	37,200,000
25	GACC	Sparks Galleria	4711-4760 Galleria Parkway and 151-255 Disc Drive	Sparks	NV	89436	Washoe	1	Retail	Anchored	2005-2009		210,429	Square Feet	88.6%	10/01/19	36,640,000
26	CREFI	530 Midwood	550 Kingston Avenue and 528 Midwood Street	Brooklyn	NY	11203, 11225	Kings	1	Multifamily	Mid-Rise	2016		48	Units	97.9%	07/18/19	33,500,000
27	JPMCB	The Rockland	1301 West 24th Street	Lawrence	KS	66046	Douglas	1	Multifamily	Student Housing	1986	2016-2019	647	Units	93.7%	10/17/19	31,700,000
28	JPMCB	Sunset North	3120, 3150 & 3180 139th Avenue Southeast	Bellevue	WA	98005	King	1	Office	Suburban	1999, 2000	2016-2019	464,061	Square Feet	98.8%	09/30/19	227,100,000
29	JPMCB	600 & 620 National Avenue	600 & 620 National Avenue	Mountain View	CA	94043	Santa Clara	1	Office	Suburban	2017		151,064	Square Feet	100.0%	11/11/19	197,000,000
30	JPMCB	City Hyde Park	5105 South Harper Avenue	Chicago	IL	60615	Cook	1	Mixed Use	Multifamily/Retail	2015		180	Units	96.7%	06/03/19	151,800,000
31	CREFI	Keystone Plaza	13503-13715 Biscayne Boulevard	North Miami Beach	FL	33181	Miami-Dade	1	Retail	Unanchored	2002		61,616	Square Feet	94.5%	09/30/19	28,600,000
32	JPMCB	The Shoppes at Southside	9930-9990 Southside Boulevard	Jacksonville	FL	32256	Duval	1	Retail	Anchored	2004		109,113	Square Feet	100.0%	09/13/19	23,400,000
33	CREFI	Caughlin Ranch	4788 Caughlin Parkway	Reno	NV	89519	Washoe	1	Retail	Anchored	1991, 1992, 2002	2002	113,376	Square Feet	92.9%	09/10/19	24,350,000
34	GACC	SE Michigan Multifamily Portfolio	Various	Various	MI	Various	Various	5	Multifamily	Garden	Various		829	Units	94.3%	07/31/19	25,660,000
34.01	GACC	Anthos Garden	5043 East Outer Drive	Detroit	MI	48234	Wayne	1	Multifamily	Garden	1966		335	Units	91.3%	07/31/19	7,520,000
34.02	GACC	Top of the Drive	12870 West Outer Drive	Detroit	MI	48223	Wayne	1	Multifamily	Garden	1968		174	Units	96.6%	07/31/19	7,130,000
34.03	GACC	Victoria Place	22325 West 8 Mile Road	Detroit	MI	48219	Wayne	1	Multifamily	Garden	1968		123	Units	95.9%	07/31/19	4,430,000
34.04	GACC	Park High	127 Gerald Street	Highland Park	MI	48203	Wayne	1	Multifamily	Garden	1965		96	Units	95.8%	07/31/19	3,350,000

A-1-1

ANNEX A-1

Number of

Property

Year

Unit of

Occupancy

Appraised

Loan #

Seller⁽¹⁾

Property Name

Street Address

City

State

Zip Code

County

Properties

Type⁽²⁾

Subtype

Year Built

Renovated

Units⁽³⁾

Measure

Occupancy %⁽⁴⁾

Date

Value ($)⁽⁵⁾

34.05

GACC

Boulder Creek

5000 Boulder Drive

Burton

48529

Genesee

Multifamily

Garden

1972

101

Units

97.0%

07/31/19

3,230,000

GACC

The Shops at Merchant’s Square

935 Bob Wallace Avenue Southwest

Huntsville

35801

Madison

Retail

Shadow Anchored

2019

42,716

Square Feet

94.9%

10/16/19

18,100,000

CREFI

333 Cypress

333 Cypress Avenue

Bronx

10454

Bronx

Multifamily

Mid-Rise

2017

Units

100.0%

10/04/19

19,400,000

CREFI

Arrow Business Park

9007-9087 Arrow Route

Rancho Cucamonga

91730

San Bernardino

Industrial

Flex

1988-1989

138,080

Square Feet

92.7%

08/19/19

21,500,000

CREFI

3 Avenues Shopping Center

2001-2095 Indian River Boulevard

Vero Beach

32960

Indian River

Mixed Use

Retail/Office

1999-2014

45,749

Square Feet

97.2%

09/17/19

21,500,000

JPMCB

Daniel - The Dinex Group

610 Park Avenue

New York

10065

New York

Retail

Single Tenant

1925

1997

17,765

Square Feet

100.0%

11/01/19

19,800,000

CREFI

CubeSmart Self Storage - Pembroke Pines

8321 Pines Boulevard

Pembroke Pines

33024

Broward

Self Storage

1990

74,625

Square Feet

91.6%

07/31/19

17,300,000

GACC

Pioneer Plaza

1805 Pioneer Parkway East

Springfield

97477

Lane

Retail

Anchored

1990

96,027

Square Feet

93.4%

07/31/19

15,500,000

JPMCB

Bella Vista Phase II

4305 Ruben Torres Senior Boulevard

Brownsville

78526

Cameron

Multifamily

Garden

2017

144

Units

91.7%

09/24/19

15,150,000

CREFI

Nobu DC

2525 M Street Northwest

Washington

20037

District of Columbia

Retail

Single Tenant

2017

13,211

Square Feet

100.0%

11/06/19

17,000,000

JPMCB

Bay Pointe Apartments

811 Northwood Drive

Baytown

77521

Harris

Multifamily

Garden

1976

2017

314

Units

94.6%

08/31/19

14,500,000

CREFI

652 Kent Avenue

Brooklyn

11249

Kings

Industrial

Warehouse

1986

92,000

Square Feet

100.0%

11/01/19

20,600,000

JPMCB

WoodSpring Suites Grand Rapids Holland & Tyler

Various

Hotel

Extended Stay

2008

Various

229

Rooms

91.7%

06/30/19

13,500,000

46.01

JPMCB

WoodSpring Suites Grand Rapids

2630 Van Ommen Drive

Holland

49424

Ottawa

Hotel

Extended Stay

2008

105

Rooms

93.6%

06/30/19

8,200,000

46.02

JPMCB

WoodSpring Suites Tyler

3210 South Southwest Loop 323

Tyler

75701

Smith

Hotel

Extended Stay

2008

2016

124

Rooms

90.0%

06/30/19

5,300,000

GACC

Oak Hills Mobile Home Park

5965 Harrisburg Georgesville Road

Grove City

43123

Franklin

Manufactured Housing

1981

249

Pads

94.4%

03/18/19

9,300,000

GACC

Studio Movie Grill Chicago

210 West 87th Street

Chicago

60620

Cook

Retail

Freestanding

1997

2015-2016

65,186

Square Feet

100.0%

11/06/19

9,000,000

CREFI

532 East 142nd Street

Bronx

10454

Bronx

Multifamily

Mid-Rise

2016

Units

93.3%

09/25/19

6,400,000

JPMCB

1713 Parkway

1713 FM 685

Pflugerville

78660

Travis

Retail

Unanchored

2017

10,885

Square Feet

100.0%

08/01/19

5,800,000

CREFI

Best Storage - South

8520 Erin Street

Anchorage

99507

Anchorage

Self Storage

2002

61,368

Square Feet

82.9%

09/03/19

7,800,000

CREFI

WAG Monck’s Corner, SC

395 North Highway 52

Moncks Corner

29461

Berkeley

Retail

Freestanding

2006

14,820

Square Feet

100.0%

11/06/19

5,400,000

CREFI

CubeSmart Bryan TX

741 North Harvey Mitchell Parkway

Bryan

77807

Brazos

Self Storage

1994

60,850

Square Feet

74.4%

09/07/19

4,450,000

A-1-2

ANNEX A-1

						Original		Current						Net
			Appraisal	Current	Original	Balance	Current	Balance	% of Initial	Crossed	Related	Interest	Admin.	Mortgage		Monthly Debt	Annual Debt		First	Partial IO
Loan #	Seller⁽¹⁾	Property Name	Date	LTV %⁽⁵⁾	Balance ($)⁽⁶⁾⁽⁷⁾	per Unit ($)	Balance ($)⁽⁶⁾⁽⁷⁾	per Unit ($)	Pool Balance	Loan	Borrower⁽⁸⁾	Rate %⁽⁹⁾	Fee %⁽⁹⁾	Rate %⁽⁹⁾	Accrual Type	Service ($)^(10)(11)	Service ($)⁽¹¹⁾	Note Date	Payment Date	Last IO Payment
1	CREFI	Watergate Office Building	08/29/19	69.5%	73,000,000	339	73,000,000	339	5.5%	No	No	3.73000	0.01058	3.71942	Actual/360	230,059.84	2,760,718.08	09/26/19	11/06/19
2	GACC	225 Bush	09/05/19	34.6%	60,000,000	351	60,000,000	351	4.5%	No	No	3.30300	0.01344	3.28956	Actual/360	167,443.75	2,009,325.00	10/11/19	12/06/19
3	JPMCB	Innovation Park	08/22/19	68.8%	60,000,000	98	60,000,000	98	4.5%	No	No	3.50500	0.00895	3.49605	Actual/360	177,684.03	2,132,208.36	10/18/19	12/01/19
4	JPMCB	The Essex	08/21/19	39.9%	56,900,000	600,000	56,900,000	600,000	4.3%	No	No	2.75900	0.01058	2.74842	Actual/360	132,639.56	1,591,674.72	10/25/19	12/01/19
5	GACC	180 Water	09/18/19	30.5%	50,000,000	239,965	50,000,000	239,965	3.8%	No	No	3.41038	0.00895	3.40143	Actual/360	144,072.64	1,728,871.68	10/18/19	12/06/19
6	CREFI	Harvey Building Products	Various	69.4%	50,000,000	78	50,000,000	78	3.8%	No	No	3.82000	0.01058	3.80942	Actual/360	233,548.31	2,802,579.72	10/21/19	12/06/19	11/06/24
6.01	CREFI	Londonderry / Manufacturing	09/26/19		9,656,250		9,656,250		0.7%
6.02	CREFI	Dartmouth / Manufacturing	09/25/19		5,625,000		5,625,000		0.4%
6.03	CREFI	Waltham Corporate	09/25/19		4,898,438		4,898,438		0.4%
6.04	CREFI	Woburn	09/25/19		2,796,875		2,796,875		0.2%
6.05	CREFI	Nashua	09/26/19		2,062,500		2,062,500		0.2%
6.06	CREFI	Woburn CPD	09/25/19		2,000,000		2,000,000		0.2%
6.07	CREFI	(West) Bridgewater	09/26/19		1,746,875		1,746,875		0.1%
6.08	CREFI	Manchester, NH	09/26/19		1,625,000		1,625,000		0.1%
6.09	CREFI	Norwalk 256	09/26/19		1,500,000		1,500,000		0.1%
6.10	CREFI	New London	09/26/19		1,406,250		1,406,250		0.1%
6.11	CREFI	East Haven	09/26/19		1,346,875		1,346,875		0.1%
6.12	CREFI	Lincoln	09/27/19		1,300,000		1,300,000		0.1%
6.13	CREFI	Bethlehem	09/18/19		1,218,750		1,218,750		0.1%
6.14	CREFI	Salem	09/26/19		1,218,750		1,218,750		0.1%
6.15	CREFI	Norwalk 260	09/26/19		1,198,438		1,198,438		0.1%
6.16	CREFI	Berlin	09/26/19		1,109,375		1,109,375		0.1%
6.17	CREFI	Dartmouth	09/25/19		1,096,875		1,096,875		0.1%
6.18	CREFI	Manchester, CT	09/26/19		873,438		873,438		0.1%
6.19	CREFI	Portland	09/26/19		843,750		843,750		0.1%
6.20	CREFI	Braintree	09/26/19		828,125		828,125		0.1%
6.21	CREFI	Warwick	09/27/19		771,875		771,875		0.1%
6.22	CREFI	Fitchburg	09/25/19		656,250		656,250		0.0%
6.23	CREFI	Auburn	09/25/19		643,750		643,750		0.0%
6.24	CREFI	Berlin CPD	09/26/19		640,625		640,625		0.0%
6.25	CREFI	Southampton	09/17/19		537,500		537,500		0.0%
6.26	CREFI	Portsmouth	09/26/19		625,000		625,000		0.0%
6.27	CREFI	Wilkes-Barre	09/18/19		500,000		500,000		0.0%
6.28	CREFI	Hyannis	09/25/19		484,375		484,375		0.0%
6.29	CREFI	Springfield	09/27/19		467,188		467,188		0.0%
6.30	CREFI	White River Junction	09/26/19		321,875		321,875		0.0%
7	CREFI	Legends at Village West	09/01/21	53.3%	50,000,000	171	50,000,000	171	3.8%	No	No	3.86000	0.02933	3.83067	Actual/360	234,689.75	2,816,277.00	10/22/19	12/06/19
8	GACC	80 on the Commons	09/16/19	64.4%	47,300,000	160	47,300,000	160	3.6%	No	No	2.95000	0.01058	2.93942	Actual/360	117,894.16	1,414,729.92	10/08/19	12/06/19
9	JPMCB	Osborn Triangle	04/11/19	37.1%	40,000,000	635	40,000,000	635	3.0%	No	No	3.79700	0.00895	3.78805	Actual/360	128,324.54	1,539,894.48	05/16/19	07/01/19
9.01	JPMCB	610 Main Street North	04/11/19		16,146,087		16,146,087		1.2%
9.02	JPMCB	1 Portland Street	04/11/19		14,260,870		14,260,870		1.1%
9.03	JPMCB	700 Main Street	04/11/19		9,593,043		9,593,043		0.7%
10	JPMCB	Tysons Tower	08/12/19	52.1%	40,000,000	359	40,000,000	359	3.0%	No	No	3.33000	0.01020	3.31980	Actual/360	112,541.67	1,350,500.04	09/12/19	11/11/19
11	JPMCB	900 & 990 Stewart Avenue	05/02/19	69.2%	39,000,000	182	39,000,000	182	2.9%	No	No	4.49000	0.00895	4.48105	Actual/360	147,951.74	1,775,420.88	07/25/19	09/01/19
12	JPMCB	Hilton Cincinnati Netherland Plaza	08/22/19	68.7%	35,500,000	129,234	35,500,000	129,234	2.7%	No	No	5.35000	0.01058	5.33942	Actual/360	198,236.86	2,378,842.32	10/02/19	12/01/19
13	CREFI	Oro Valley Marketplace	07/31/19	66.3%	35,250,000	68	35,250,000	68	2.7%	No	No	3.93000	0.01058	3.91942	Actual/360	166,869.46	2,002,433.52	09/19/19	11/06/19	10/06/22
14	JPMCB	Spectrum Brands Global Headquarters	08/13/19	65.3%	34,000,000	135	34,000,000	135	2.6%	No	No	3.43000	0.01058	3.41942	Actual/360	98,533.10	1,182,397.20	10/11/19	12/01/19
15	CREFI	Compass AGP Storage Portfolio	Various	62.2%	33,000,000	81	33,000,000	81	2.5%	No	No	3.57000	0.01233	3.55767	Actual/360	99,538.54	1,194,462.48	10/08/19	12/06/19
15.01	CREFI	Compass Self Storage Bloomfield	09/06/19		13,000,000		13,000,000		1.0%
15.02	CREFI	Compass Self Storage Smyrna	09/05/19		4,668,040		4,668,040		0.4%
15.03	CREFI	Compass Self Storage Port Richey	09/07/19		4,206,680		4,206,680		0.3%
15.04	CREFI	Compass Self Storage Wendell	09/09/19		3,914,200		3,914,200		0.3%
15.05	CREFI	Compass Self Storage Duluth	09/05/19		3,676,480		3,676,480		0.3%
15.06	CREFI	Compass Self Storage Kennesaw	09/05/19		3,534,600		3,534,600		0.3%
16	GACC	221 West 29th St	06/28/19	70.5%	32,500,000	342,105	32,500,000	342,105	2.5%	No	No	3.83300	0.01058	3.82242	Actual/360	132,474.09	1,589,689.08	10/15/19	12/06/19
17	JPMCB	Jersey City Group 1	Various	78.6%	32,050,000	175,137	32,050,000	175,137	2.4%	No	Yes - Group 1	4.62000	0.01058	4.60942	Actual/360	164,685.82	1,976,229.84	10/25/19	12/01/19	11/01/24
17.01	JPMCB	92 & 96 Highland Avenue	09/18/19		6,519,975		6,519,975		0.5%
17.02	JPMCB	58 Van Reypen Street	09/17/19		4,006,250		4,006,250		0.3%
17.03	JPMCB	67 Stuyvesant Avenue	09/17/19		3,927,696		3,927,696		0.3%
17.04	JPMCB	2729 John F. Kennedy Boulevard	09/16/19		3,927,696		3,927,696		0.3%
17.05	JPMCB	1 Britton Street	09/18/19		3,692,035		3,692,035		0.3%
17.06	JPMCB	46 Vroom Street	09/17/19		3,142,157		3,142,157		0.2%
17.07	JPMCB	6 Tonnele Avenue	09/17/19		2,513,725		2,513,725		0.2%
17.08	JPMCB	114 Stuyvesant Avenue	09/17/19		1,571,078		1,571,078		0.1%
17.09	JPMCB	64 Newkirk Street	09/17/19		1,492,525		1,492,525		0.1%
17.10	JPMCB	153 Academy Street	09/18/19		1,256,863		1,256,863		0.1%
18	JPMCB	Jersey City Group 3	Various	78.6%	31,110,000	168,162	31,110,000	168,162	2.4%	No	Yes - Group 1	4.62000	0.01058	4.60942	Actual/360	159,855.72	1,918,268.64	10/25/19	12/01/19	11/01/24
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard	09/17/19		5,813,485		5,813,485		0.4%
18.02	JPMCB	169 Manhattan Avenue	09/18/19		5,106,439		5,106,439		0.4%
18.03	JPMCB	78 Congress Street	09/18/19		4,713,636		4,713,636		0.4%
18.04	JPMCB	516, 518 & 520 Central Avenue	09/17/19		4,556,515		4,556,515		0.3%
18.05	JPMCB	3719 John F. Kennedy Boulevard	09/18/19		2,671,061		2,671,061		0.2%
18.06	JPMCB	393 Central Avenue	09/18/19		2,592,500		2,592,500		0.2%
18.07	JPMCB	104 Booraem Avenue	09/18/19		2,121,137		2,121,137		0.2%
18.08	JPMCB	55 Graham Street	09/18/19		1,964,015		1,964,015		0.1%
18.09	JPMCB	95 Beacon Avenue	09/18/19		1,571,212		1,571,212		0.1%
19	JPMCB	Grand Canal Shoppes	04/03/19	46.3%	30,384,615	1,000	30,384,615	1,000	2.3%	No	No	3.74080	0.00895	3.73185	Actual/360	96,034.52	1,152,414.24	06/03/19	08/01/19
20	JPMCB	230 Park Avenue South	07/24/19	51.0%	30,000,000	669	30,000,000	669	2.3%	No	No	3.27000	0.01020	3.25980	Actual/360	82,885.42	994,625.04	09/11/19	10/11/19
21	JPMCB	Villas on Nueces	09/02/19	52.7%	30,000,000	294,118	30,000,000	294,118	2.3%	No	No	4.59833	0.03058	4.56775	Actual/360	116,554.89	1,398,658.68	10/07/19	12/01/19
22	GACC	Glendale Portfolio	06/12/19	62.9%	28,200,000	271,154	28,200,000	271,154	2.1%	No	No	3.96500	0.01058	3.95442	Actual/360	94,471.63	1,133,659.56	09/30/19	11/06/19
22.01	GACC	Windsor Villas	06/12/19		15,399,554		15,399,554		1.2%
22.02	GACC	720 Louise	06/12/19		12,800,446		12,800,446		1.0%
23	JPMCB	8 West Centre	09/04/19	63.1%	26,000,000	195	26,000,000	195	2.0%	No	No	3.88800	0.02058	3.86742	Actual/360	122,455.05	1,469,460.60	10/22/19	12/01/19
24	CREFI	Florham Park Corporate Center	09/01/20	67.2%	25,000,000	108	25,000,000	108	1.9%	No	No	3.92000	0.01058	3.90942	Actual/360	118,203.68	1,418,444.16	09/26/19	11/06/19	10/06/21
25	GACC	Sparks Galleria	08/14/19	64.2%	23,523,500	112	23,523,500	112	1.8%	No	No	3.13000	0.04058	3.08942	Actual/360	62,209.31	746,511.72	10/04/19	11/06/19
26	CREFI	530 Midwood	07/25/19	64.5%	21,600,000	450,000	21,600,000	450,000	1.6%	No	No	3.88000	0.01058	3.86942	Actual/360	70,810.00	849,720.00	09/25/19	11/06/19
27	JPMCB	The Rockland	07/17/19	63.3%	20,053,000	30,994	20,053,000	30,994	1.5%	No	No	3.89000	0.04058	3.84942	Actual/360	94,468.78	1,133,625.36	10/08/19	12/01/19	11/01/24
28	JPMCB	Sunset North	08/21/19	66.1%	20,000,000	323	20,000,000	323	1.5%	No	No	3.25000	0.00895	3.24105	Actual/360	54,918.98	659,027.76	09/10/19	11/01/19
29	JPMCB	600 & 620 National Avenue	08/19/19	70.0%	20,000,000	913	20,000,000	913	1.5%	No	No	3.68800	0.00895	3.67905	Actual/360	62,320.37	747,844.44	09/11/19	10/11/19
30	JPMCB	City Hyde Park	06/03/19	73.8%	20,000,000	622,222	20,000,000	622,222	1.5%	No	No	4.70000	0.00895	4.69105	Actual/360	103,727.56	1,244,730.72	09/09/19	11/01/19	10/01/24
31	CREFI	Keystone Plaza	08/29/19	64.7%	18,500,000	300	18,500,000	300	1.4%	No	No	3.89000	0.01058	3.87942	Actual/360	96,529.69	1,158,356.28	10/16/19	12/06/19
32	JPMCB	The Shoppes at Southside	08/13/19	70.5%	16,500,000	151	16,500,000	151	1.2%	No	No	4.15000	0.01058	4.13942	Actual/360	80,207.05	962,484.60	09/24/19	11/01/19	10/01/24
33	CREFI	Caughlin Ranch	09/06/19	65.0%	15,827,000	140	15,827,000	140	1.2%	No	No	3.90000	0.01058	3.88942	Actual/360	52,152.16	625,825.92	10/09/19	12/06/19
34	GACC	SE Michigan Multifamily Portfolio	08/19/19	54.6%	14,000,000	16,888	14,000,000	16,888	1.1%	No	No	3.83000	0.03933	3.79067	Actual/360	45,303.94	543,647.28	10/15/19	12/06/19
34.01	GACC	Anthos Garden	08/19/19		4,102,885		4,102,885		0.3%
34.02	GACC	Top of the Drive	08/19/19		3,890,101		3,890,101		0.3%
34.03	GACC	Victoria Place	08/19/19		2,416,991		2,416,991		0.2%
34.04	GACC	Park High	08/19/19		1,827,747		1,827,747		0.1%

A-1-3

ANNEX A-1

						Original		Current						Net
			Appraisal	Current	Original	Balance	Current	Balance	% of Initial	Crossed	Related	Interest	Admin.	Mortgage		Monthly Debt	Annual Debt		First	Partial IO
Loan #	Seller⁽¹⁾	Property Name	Date	LTV %⁽⁵⁾	Balance ($)⁽⁶⁾⁽⁷⁾	per Unit ($)	Balance ($)⁽⁶⁾⁽⁷⁾	per Unit ($)	Pool Balance	Loan	Borrower⁽⁸⁾	Rate %⁽⁹⁾	Fee %⁽⁹⁾	Rate %⁽⁹⁾	Accrual Type	Service ($)^(10)(11)	Service ($)⁽¹¹⁾	Note Date	Payment Date	Last IO Payment
34.05	GACC	Boulder Creek	08/19/19		1,762,276		1,762,276		0.1%
35	GACC	The Shops at Merchant’s Square	08/09/19	74.4%	13,475,000	315	13,475,000	315	1.0%	No	No	4.13000	0.06933	4.06067	Actual/360	65,345.70	784,148.40	10/21/19	12/06/19	11/06/20
36	CREFI	333 Cypress	08/06/19	68.0%	13,200,000	321,951	13,200,000	321,951	1.0%	No	Yes - Group 2	4.08000	0.01058	4.06942	Actual/360	45,503.33	546,039.96	10/11/19	12/06/19
37	CREFI	Arrow Business Park	08/05/19	58.1%	12,500,000	91	12,500,000	91	0.9%	No	No	4.25000	0.01058	4.23942	Actual/360	61,492.49	737,909.88	10/09/19	12/06/19
38	CREFI	3 Avenues Shopping Center	07/19/19	57.7%	12,400,000	271	12,400,000	271	0.9%	No	No	3.45000	0.01058	3.43942	Actual/360	36,145.14	433,741.68	10/21/19	12/01/19
39	JPMCB	Daniel - The Dinex Group	08/28/19	61.6%	12,200,000	687	12,200,000	687	0.9%	No	No	4.65000	0.01058	4.63942	Actual/360	47,931.60	575,179.20	10/15/19	12/01/19
40	CREFI	CubeSmart Self Storage - Pembroke Pines	08/09/19	68.2%	11,800,000	158	11,800,000	158	0.9%	No	No	3.90000	0.01058	3.88942	Actual/360	55,656.85	667,882.20	09/17/19	11/06/19	10/06/24
41	GACC	Pioneer Plaza	06/28/19	74.8%	11,610,000	121	11,593,910	121	0.9%	No	No	3.80500	0.01058	3.79442	Actual/360	54,130.70	649,568.40	09/19/19	11/06/19
42	JPMCB	Bella Vista Phase II	05/23/19	69.9%	10,587,500	73,524	10,587,500	73,524	0.8%	No	No	4.70000	0.05058	4.64942	Actual/360	54,910.78	658,929.36	10/01/19	11/01/19	10/01/24
43	CREFI	Nobu DC	09/18/19	62.2%	10,570,000	800	10,570,000	800	0.8%	No	No	3.63000	0.04058	3.58942	Actual/360	32,418.34	389,020.08	10/01/19	11/06/19
44	JPMCB	Bay Pointe Apartments	07/31/19	67.1%	9,750,000	31,051	9,724,843	30,971	0.7%	No	No	4.37000	0.01058	4.35942	Actual/360	48,651.56	583,818.72	08/20/19	10/01/19
45	CREFI	652 Kent Avenue	04/18/19	38.8%	8,000,000	87	8,000,000	87	0.6%	No	No	3.95000	0.01058	3.93942	Actual/360	80,806.14	969,673.68	10/02/19	12/01/19
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler	Various	51.9%	7,000,000	30,568	7,000,000	30,568	0.5%	No	No	3.64100	0.01058	3.63042	Actual/360	21,534.16	258,409.92	08/09/19	10/01/19
46.01	JPMCB	WoodSpring Suites Grand Rapids	07/12/19		4,510,000		4,510,000		0.3%
46.02	JPMCB	WoodSpring Suites Tyler	07/15/19		2,490,000		2,490,000		0.2%
47	GACC	Oak Hills Mobile Home Park	01/09/19	73.1%	6,800,000	27,309	6,800,000	27,309	0.5%	No	No	3.99700	0.01058	3.98642	Actual/360	32,452.48	389,429.76	09/27/19	11/06/19	10/06/22
48	GACC	Studio Movie Grill Chicago	08/06/19	62.2%	5,600,000	86	5,600,000	86	0.4%	No	No	3.85000	0.01058	3.83942	Actual/360	26,253.26	315,039.12	09/18/19	11/06/19	10/06/21
49	CREFI	532 East 142nd Street	08/06/19	68.0%	4,350,000	290,000	4,350,000	290,000	0.3%	No	Yes - Group 2	4.08000	0.01058	4.06942	Actual/360	14,995.42	179,945.04	10/11/19	12/06/19
50	JPMCB	1713 Parkway	08/22/19	64.7%	3,750,000	345	3,750,000	345	0.3%	No	No	4.00000	0.05058	3.94942	Actual/360	17,903.07	214,836.84	10/15/19	12/01/19	11/01/24
51	CREFI	Best Storage - South	08/29/19	44.9%	3,500,000	57	3,500,000	57	0.3%	No	No	3.69000	0.01058	3.67942	Actual/360	10,911.98	130,943.76	10/02/19	11/06/19
52	CREFI	WAG Monck’s Corner, SC	08/09/19	55.6%	3,000,000	202	3,000,000	202	0.2%	No	No	3.80000	0.01058	3.78942	Actual/360	13,978.72	167,744.64	10/15/19	12/06/19	11/06/24
53	CREFI	CubeSmart Bryan TX	08/27/19	67.4%	3,000,000	49	3,000,000	49	0.2%	No	No	3.69000	0.01058	3.67942	Actual/360	13,791.53	165,498.36	10/07/19	12/06/19	11/06/22

A-1-4

ANNEX A-1


			Partial IO Loan	Rem.	Rem.			Payment	Grace Period	Grace Period			Final	Maturity/ARD	Maturity	Prepayment
Loan #	Seller⁽¹⁾	Property Name	First P&I Payment	Term	Amort	I/O Period	Seasoning	Due Date	(Late Payment)⁽¹²⁾	(Default)⁽¹²⁾	Maturity Date	ARD Loan	Mat Date	Balance ($)⁽⁶⁾	LTV %⁽⁵⁾	Provision (Payments)⁽¹³⁾
1	CREFI	Watergate Office Building		119	0	120	1	6	0	0	10/06/29	No	10/06/29	73,000,000	69.5%	L(25),Def(90),O(5)
2	GACC	225 Bush		60	0	60	0	6	0	0	11/06/24	No	11/06/24	60,000,000	34.6%	L(24),Def(30),O(6)
3	JPMCB	Innovation Park		120	0	120	0	1	0	5 (Once per year)	11/01/29	No	11/01/29	60,000,000	68.8%	L(25),Grtr1%orYM(91),O(4)
4	JPMCB	The Essex		84	0	84	0	1	0	0	11/01/26	No	11/01/26	56,900,000	39.9%	L(24),Def(55),O(5)
5	GACC	180 Water		60	0	60	0	6	0	0	11/06/24	No	11/06/24	50,000,000	30.5%	L(24),Def(32),O(4)
6	CREFI	Harvey Building Products	12/06/24	120	360	60	0	6	0	0	11/06/29	No	11/06/29	45,234,779	62.8%	L(24),DeforGrtr1%orYM(90),O(6)
6.01	CREFI	Londonderry / Manufacturing												8,735,967
6.02	CREFI	Dartmouth / Manufacturing												5,088,913
6.03	CREFI	Waltham Corporate												4,431,595
6.04	CREFI	Woburn												2,530,320
6.05	CREFI	Nashua												1,865,935
6.06	CREFI	Woburn CPD												1,809,391
6.07	CREFI	(West) Bridgewater												1,580,390
6.08	CREFI	Manchester, NH												1,470,130
6.09	CREFI	Norwalk 256												1,357,043
6.10	CREFI	New London												1,272,228
6.11	CREFI	East Haven												1,218,512
6.12	CREFI	Lincoln												1,176,104
6.13	CREFI	Bethlehem												1,102,598
6.14	CREFI	Salem												1,102,598
6.15	CREFI	Norwalk 260												1,084,221
6.16	CREFI	Berlin												1,003,647
6.17	CREFI	Dartmouth												992,338
6.18	CREFI	Manchester, CT												790,195
6.19	CREFI	Portland												763,337
6.20	CREFI	Braintree												749,201
6.21	CREFI	Warwick												698,312
6.22	CREFI	Fitchburg												593,706
6.23	CREFI	Auburn												582,398
6.24	CREFI	Berlin CPD												579,571
6.25	CREFI	Southampton												486,274
6.26	CREFI	Portsmouth												565,435
6.27	CREFI	Wilkes-Barre												452,348
6.28	CREFI	Hyannis												438,212
6.29	CREFI	Springfield												422,662
6.30	CREFI	White River Junction												291,199
7	CREFI	Legends at Village West		60	360	0	0	6	0	5	11/06/24	No	11/06/24	45,272,295	48.3%	L(24),Def(32),O(4)
8	GACC	80 on the Commons		120	0	120	0	6	0	0	11/06/29	No	11/06/29	47,300,000	64.4%	L(24),Def(92),O(4)
9	JPMCB	Osborn Triangle		115	0	120	5	1	0	0	06/01/29	No	06/01/29	40,000,000	37.1%	L(25),Grtr1%orYM(88),O(7)
9.01	JPMCB	610 Main Street North												16,146,087
9.02	JPMCB	1 Portland Street												14,260,870
9.03	JPMCB	700 Main Street												9,593,043
10	JPMCB	Tysons Tower		119	0	120	1	11	5	0	10/11/29	No	10/11/29	40,000,000	52.1%	L(25),Grtr1%orYM(90),O(5)
11	JPMCB	900 & 990 Stewart Avenue		57	0	60	3	1	0	0	08/01/24	No	08/01/24	39,000,000	69.2%	L(25),Grtr1%orYM(32),O(3)
12	JPMCB	Hilton Cincinnati Netherland Plaza		60	360	0	0	1	0	0	11/01/24	No	11/01/24	32,914,191	63.7%	L(24),Def(33),O(3)
13	CREFI	Oro Valley Marketplace	11/06/22	119	360	36	1	6	0	0	10/06/29	No	10/06/29	30,440,464	57.2%	L(25),Def(91),O(4)
14	JPMCB	Spectrum Brands Global Headquarters		120	0	120	0	1	0	0	11/01/29	No	11/01/29	34,000,000	65.3%	L(24),Def(92),O(4)
15	CREFI	Compass AGP Storage Portfolio		120	0	120	0	6	0	0	11/06/29	No	11/06/29	33,000,000	62.2%	L(24),Def(92),O(4)
15.01	CREFI	Compass Self Storage Bloomfield												13,000,000
15.02	CREFI	Compass Self Storage Smyrna												4,668,040
15.03	CREFI	Compass Self Storage Port Richey												4,206,680
15.04	CREFI	Compass Self Storage Wendell												3,914,200
15.05	CREFI	Compass Self Storage Duluth												3,676,480
15.06	CREFI	Compass Self Storage Kennesaw												3,534,600
16	GACC	221 West 29th St		120	480	0	0	6	0	0	11/06/29	No	11/06/29	28,526,704	61.9%	L(24),Def(90),O(6)
17	JPMCB	Jersey City Group 1	12/01/24	120	360	60	0	1	0	0	11/01/29	No	11/01/29	29,383,247	72.0%	L(24),Def(93),O(3)
17.01	JPMCB	92 & 96 Highland Avenue												5,977,474
17.02	JPMCB	58 Van Reypen Street												3,672,906
17.03	JPMCB	67 Stuyvesant Avenue												3,600,888
17.04	JPMCB	2729 John F. Kennedy Boulevard												3,600,888
17.05	JPMCB	1 Britton Street												3,384,835
17.06	JPMCB	46 Vroom Street												2,880,711
17.07	JPMCB	6 Tonnele Avenue												2,304,568
17.08	JPMCB	114 Stuyvesant Avenue												1,440,355
17.09	JPMCB	64 Newkirk Street												1,368,338
17.10	JPMCB	153 Academy Street												1,152,284
18	JPMCB	Jersey City Group 3	12/01/24	120	360	60	0	1	0	0	11/01/29	No	11/01/29	28,521,461	72.0%	L(24),Def(93),O(3)
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard												5,329,768
18.02	JPMCB	169 Manhattan Avenue												4,681,553
18.03	JPMCB	78 Congress Street												4,321,433
18.04	JPMCB	516, 518 & 520 Central Avenue												4,177,386
18.05	JPMCB	3719 John F. Kennedy Boulevard												2,448,813
18.06	JPMCB	393 Central Avenue												2,376,788
18.07	JPMCB	104 Booraem Avenue												1,944,646
18.08	JPMCB	55 Graham Street												1,800,597
18.09	JPMCB	95 Beacon Avenue												1,440,478
19	JPMCB	Grand Canal Shoppes		116	0	120	4	1	0	2 (Once per year)	07/01/29	No	07/01/29	30,384,615	46.3%	L(28),Def(87),O(5)
20	JPMCB	230 Park Avenue South		118	0	120	2	11	5	0	09/11/29	No	09/11/29	30,000,000	51.0%	L(26),DeforGrtr1%orYM(87),O(7)
21	JPMCB	Villas on Nueces		120	0	120	0	1	0	0	11/01/29	No	11/01/29	30,000,000	52.7%	L(25),Grtr1%orYM(91),O(4)
22	GACC	Glendale Portfolio		119	0	120	1	6	0	0	10/06/29	No	10/06/29	28,200,000	62.9%	L(25),Def(90),O(5)
22.01	GACC	Windsor Villas												15,399,554
22.02	GACC	720 Louise												12,800,446
23	JPMCB	8 West Centre		120	360	0	0	1	0	0	11/01/29	No	11/01/29	20,570,375	50.0%	L(24),Def(92),O(4)
24	CREFI	Florham Park Corporate Center	11/06/21	119	360	24	1	6	0	0	10/06/29	No	10/06/29	21,012,352	56.5%	L(25),Def(92),O(3)
25	GACC	Sparks Galleria		119	0	120	1	6	0	0	10/06/29	No	10/06/29	23,523,500	64.2%	L(25),Def(88),O(7)
26	CREFI	530 Midwood		119	0	120	1	6	0	0	10/06/29	No	10/06/29	21,600,000	64.5%	L(25),Def(89),O(6)
27	JPMCB	The Rockland	12/01/24	120	360	60	0	1	0	0	11/01/29	No	11/01/29	18,163,882	57.3%	L(25),Grtr1%orYM(92),O(3)
28	JPMCB	Sunset North		119	0	120	1	1	0	0	10/01/29	No	10/01/29	20,000,000	66.1%	L(25),Def(91),O(4)
29	JPMCB	600 & 620 National Avenue		118	0	120	2	11	5	0	09/11/29	No	09/11/29	20,000,000	70.0%	L(26),Def(89),O(5)
30	JPMCB	City Hyde Park	11/01/24	119	360	60	1	1	0	0	10/01/29	No	10/01/29	18,359,513	67.7%	L(25),Def(89),O(6)
31	CREFI	Keystone Plaza		120	300	0	0	6	0	0	11/06/29	No	11/06/29	13,260,691	46.4%	L(24),Def(93),O(3)
32	JPMCB	The Shoppes at Southside	11/01/24	119	360	60	1	1	0	5 (Once per year)	10/01/29	No	10/01/29	15,012,150	64.2%	L(25),Def(91),O(4)
33	CREFI	Caughlin Ranch		60	0	60	0	6	0	0	11/06/24	No	11/06/24	15,827,000	65.0%	L(24),Def(31),O(5)
34	GACC	SE Michigan Multifamily Portfolio		120	0	120	0	6	5 (Once per 366 day period)	0	11/06/29	No	11/06/29	14,000,000	54.6%	L(24),Def(92),O(4)
34.01	GACC	Anthos Garden												4,102,885
34.02	GACC	Top of the Drive												3,890,101
34.03	GACC	Victoria Place												2,416,991
34.04	GACC	Park High												1,827,747

A-1-5

ANNEX A-1


			Partial IO Loan	Rem.	Rem.			Payment	Grace Period	Grace Period			Final	Maturity/ARD	Maturity	Prepayment
Loan #	Seller⁽¹⁾	Property Name	First P&I Payment	Term	Amort	I/O Period	Seasoning	Due Date	(Late Payment)⁽¹²⁾	(Default)⁽¹²⁾	Maturity Date	ARD Loan	Mat Date	Balance ($)⁽⁶⁾	LTV %⁽⁵⁾	Provision (Payments)⁽¹³⁾
34.05	GACC	Boulder Creek												1,762,276
35	GACC	The Shops at Merchant’s Square	12/06/20	120	360	12	0	6	0	0	11/06/29	No	11/06/29	11,079,023	61.2%	L(24),Def(92),O(4)
36	CREFI	333 Cypress		120	0	120	0	6	0	0	11/06/29	No	11/06/29	13,200,000	68.0%	L(24),Def(93),O(3)
37	CREFI	Arrow Business Park		60	360	0	0	6	0	0	11/06/24	No	11/06/24	11,393,223	53.0%	L(24),Def(33),O(3)
38	CREFI	3 Avenues Shopping Center		120	0	120	0	1	5	0	11/01/29	No	11/01/29	12,400,000	57.7%	L(24),Def(93),O(3)
39	JPMCB	Daniel - The Dinex Group		120	0	120	0	1	0	5 (Once per year)	11/01/29	No	11/01/29	12,200,000	61.6%	L(24),Def(93),O(3)
40	CREFI	CubeSmart Self Storage - Pembroke Pines	11/06/24	119	360	60	1	6	0	0	10/06/29	No	10/06/29	10,690,437	61.8%	L(25),Def(90),O(5)
41	GACC	Pioneer Plaza		119	359	0	1	6	0	0	10/06/29	No	10/06/29	9,157,982	59.1%	L(25),Def(90),O(5)
42	JPMCB	Bella Vista Phase II	11/01/24	119	360	60	1	1	0	0	10/01/29	No	10/01/29	9,719,067	64.2%	L(25),Grtr1%orYM(89),O(6)
43	CREFI	Nobu DC		119	0	120	1	6	0	0	10/06/29	No	10/06/29	10,570,000	62.2%	L(25),Def(92),O(3)
44	JPMCB	Bay Pointe Apartments		118	358	0	2	1	0	5 (Once per year)	09/01/29	No	09/01/29	7,847,882	54.1%	L(25),Grtr1%orYM(92),O(3)
45	CREFI	652 Kent Avenue		120	120	0	0	1	5	5	11/01/29	No	11/01/29	32,036	0.2%	L(24),Def(93),O(3)
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler		118	0	120	2	1	0	0	09/01/29	No	09/01/29	7,000,000	51.9%	L(25),Grtr1%orYM(91),O(4)
46.01	JPMCB	WoodSpring Suites Grand Rapids												4,510,000
46.02	JPMCB	WoodSpring Suites Tyler												2,490,000
47	GACC	Oak Hills Mobile Home Park	11/06/22	119	360	36	1	6	0	0	10/06/29	No	10/06/29	5,881,865	63.2%	L(25),Grtr1%orYM(91),O(4)
48	GACC	Studio Movie Grill Chicago	11/06/21	119	360	24	1	6	0	0	10/06/29	No	10/06/29	4,697,357	52.2%	L(25),Def(91),O(4)
49	CREFI	532 East 142nd Street		120	0	120	0	6	0	0	11/06/29	No	11/06/29	4,350,000	68.0%	L(24),Def(93),O(3)
50	JPMCB	1713 Parkway	12/01/24	120	360	60	0	1	0	0	11/01/29	No	11/01/29	3,403,141	58.7%	L(24),Def(93),O(3)
51	CREFI	Best Storage - South		119	0	120	1	6	0	0	10/06/29	No	10/06/29	3,500,000	44.9%	L(25),Def(92),O(3)
52	CREFI	WAG Monck’s Corner, SC	12/06/24	120	360	60	0	6	0	0	11/06/29	No	11/06/29	2,713,141	50.2%	L(24),Def(92),O(4)
53	CREFI	CubeSmart Bryan TX	12/06/22	120	360	36	0	6	0	0	11/06/29	No	11/06/29	2,575,132	57.9%	L(24),Def(92),O(4)

A-1-6

ANNEX A-1


			HISTORICAL FINANCIALS⁽¹⁴⁾
																UW
			2016	2016	2016	2017	2017	2017	2018	2018	2018	Most Recent	Most Recent	Most Recent		Economic	UW	UW Total	UW
Loan #	Seller⁽¹⁾	Property Name	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)⁽¹⁵⁾	As of	Occupancy %	Revenues ($)⁽⁴⁾	Expenses ($)	NOI ($)^(4)(15)(16)
1	CREFI	Watergate Office Building				7,986,067	4,110,086	3,875,980	8,030,977	4,030,004	4,000,973	8,208,408	3,992,937	4,215,470	07/31/19	90.1%	9,931,731	3,922,559	6,009,172
2	GACC	225 Bush	36,849,963	11,423,601	25,426,362	35,806,940	11,018,547	24,788,393	36,782,955	11,108,481	25,674,474	36,531,101	12,018,844	24,512,257	08/31/19	95.1%	41,830,321	14,566,655	27,263,666
3	JPMCB	Innovation Park	25,718,088	10,411,439	15,306,649	27,123,025	10,215,438	16,907,586	29,511,950	10,863,906	18,648,044	30,835,578	11,200,207	19,635,371	08/31/19	94.8%	32,323,781	11,117,049	21,206,732
4	JPMCB	The Essex														95.6%	14,909,246	2,857,283	12,051,963
5	GACC	180 Water							26,646,594	14,981,570	11,665,024	27,974,070	14,855,308	13,118,762	06/30/19	91.2%	30,028,135	14,955,048	15,073,087
6	CREFI	Harvey Building Products														95.0%	18,933,995	4,362,956	14,571,039
6.01	CREFI	Londonderry / Manufacturing														95.0%	3,075,807	602,081	2,473,726
6.02	CREFI	Dartmouth / Manufacturing														95.0%	1,857,715	404,058	1,453,657
6.03	CREFI	Waltham Corporate														95.0%	1,809,308	458,310	1,350,997
6.04	CREFI	Woburn														95.0%	1,074,644	198,021	876,622
6.05	CREFI	Nashua														95.0%	846,682	212,320	634,361
6.06	CREFI	Woburn CPD														95.0%	768,259	145,891	622,368
6.07	CREFI	(West) Bridgewater														95.0%	787,578	256,259	531,318
6.08	CREFI	Manchester, NH														95.0%	627,924	130,200	497,724
6.09	CREFI	Norwalk 256														95.0%	565,724	101,853	463,872
6.10	CREFI	New London														95.0%	594,004	159,374	434,630
6.11	CREFI	East Haven														95.0%	576,232	158,648	417,584
6.12	CREFI	Lincoln														95.0%	538,524	136,129	402,395
6.13	CREFI	Bethlehem														95.0%	516,178	143,546	372,631
6.14	CREFI	Salem														95.0%	471,894	94,447	377,447
6.15	CREFI	Norwalk 260														95.0%	478,289	74,012	404,277
6.16	CREFI	Berlin														95.0%	480,220	102,462	377,758
6.17	CREFI	Dartmouth														95.0%	433,917	98,573	335,343
6.18	CREFI	Manchester, CT														95.0%	364,650	94,725	269,926
6.19	CREFI	Portland														95.0%	340,246	80,014	260,232
6.20	CREFI	Braintree														95.0%	362,958	110,968	251,990
6.21	CREFI	Warwick														95.0%	316,516	79,565	236,951
6.22	CREFI	Fitchburg														95.0%	265,297	63,546	201,751
6.23	CREFI	Auburn														95.0%	271,258	74,815	196,443
6.24	CREFI	Berlin CPD														95.0%	283,084	55,602	227,482
6.25	CREFI	Southampton														95.0%	239,533	75,248	164,285
6.26	CREFI	Portsmouth														95.0%	243,911	52,417	191,494
6.27	CREFI	Wilkes-Barre														95.0%	207,363	53,654	153,709
6.28	CREFI	Hyannis														95.0%	191,957	43,315	148,642
6.29	CREFI	Springfield														95.0%	216,088	73,253	142,835
6.30	CREFI	White River Junction														95.0%	128,239	29,650	98,589
7	CREFI	Legends at Village West	21,416,563	10,483,165	10,933,398	22,860,496	11,073,853	11,786,643	22,260,380	10,976,852	11,283,528	23,089,427	11,476,129	11,613,298	08/31/19	90.4%	22,757,007	11,382,857	11,374,151
8	GACC	80 on the Commons										2,608,125	1,190,759	1,417,367	07/31/19	92.6%	6,693,827	1,500,202	5,193,625
9	JPMCB	Osborn Triangle				55,887,418	13,850,608	42,036,811	59,626,445	15,721,797	43,904,648	60,868,091	15,860,286	45,007,805	03/31/19	98.9%	70,789,429	17,055,013	53,734,416
9.01	JPMCB	610 Main Street North				24,392,158	5,060,066	19,332,091	25,653,185	6,363,502	19,289,683	26,172,221	6,322,623	19,849,598	03/31/19	100.0%	30,351,909	6,775,685	23,576,224
9.02	JPMCB	1 Portland Street				19,154,337	4,220,162	14,934,175	20,777,288	4,849,523	15,927,766	21,060,689	4,968,008	16,092,681	03/31/19	98.0%	24,096,635	5,282,690	18,813,944
9.03	JPMCB	700 Main Street				12,340,923	4,570,379	7,770,545	13,195,972	4,508,772	8,687,199	13,635,181	4,569,654	9,065,526	03/31/19	98.0%	16,340,886	4,996,638	11,344,248
10	JPMCB	Tysons Tower	21,644,915	9,082,050	12,562,865	27,892,936	10,012,518	17,880,418	31,348,225	10,382,557	20,965,668	32,202,713	10,500,194	21,702,519	06/30/19	90.0%	31,434,407	10,604,603	20,829,804
11	JPMCB	900 & 990 Stewart Avenue	12,150,135	7,167,351	4,982,784	10,887,285	6,689,472	4,197,812	11,627,171	7,149,331	4,477,840					89.0%	14,329,713	6,653,537	7,676,175
12	JPMCB	Hilton Cincinnati Netherland Plaza	34,712,976	29,776,162	4,936,813	36,174,595	29,638,648	6,535,947	37,302,883	29,085,863	8,217,020	37,757,247	29,407,040	8,350,207	08/31/19	74.8%	37,757,247	29,865,599	7,891,648
13	CREFI	Oro Valley Marketplace	5,703,195	2,135,402	3,567,793	5,861,187	2,238,260	3,622,927	5,958,206	2,304,239	3,653,967	5,456,780	2,212,469	3,244,310	06/30/19	76.9%	5,519,270	2,338,280	3,180,990
14	JPMCB	Spectrum Brands Global Headquarters	3,565,332	715,499	2,849,833	4,330,045	1,043,208	3,286,836	4,286,235	951,992	3,334,243					95.0%	4,237,922	804,669	3,433,253
15	CREFI	Compass AGP Storage Portfolio				4,754,270	1,882,400	2,871,870	5,006,684	1,997,560	3,009,125	5,099,798	2,015,825	3,083,974	07/31/19	73.9%	5,099,798	2,044,134	3,055,664
15.01	CREFI	Compass Self Storage Bloomfield				1,662,856	718,250	944,606	1,780,004	728,697	1,051,307	1,795,383	699,094	1,096,289	07/31/19	70.7%	1,795,383	728,053	1,067,330
15.02	CREFI	Compass Self Storage Smyrna				672,836	239,667	433,169	714,751	258,632	456,119	738,057	273,776	464,281	07/31/19	74.7%	738,057	267,132	470,925
15.03	CREFI	Compass Self Storage Port Richey				706,340	265,020	441,320	724,512	288,531	435,980	705,138	287,752	417,386	07/31/19	77.1%	705,138	297,246	407,892
15.04	CREFI	Compass Self Storage Wendell				514,036	202,238	311,798	572,825	219,840	352,985	606,402	233,449	372,953	07/31/19	75.7%	606,402	235,714	370,688
15.05	CREFI	Compass Self Storage Duluth				592,541	215,432	377,109	617,874	261,147	356,727	645,324	275,946	369,378	07/31/19	79.6%	645,324	269,958	375,366
15.06	CREFI	Compass Self Storage Kennesaw				605,662	241,793	363,868	596,719	240,713	356,006	609,494	245,808	363,686	07/31/19	72.4%	609,494	246,031	363,463
16	GACC	221 West 29th St										4,460,442	2,193,474	2,266,968	06/30/19	95.0%	4,176,064	2,084,021	2,092,043
17	JPMCB	Jersey City Group 1							2,386,611	922,463	1,464,148	2,597,179	971,005	1,626,174	08/31/19	97.4%	2,905,039	726,957	2,178,082
17.01	JPMCB	92 & 96 Highland Avenue
17.02	JPMCB	58 Van Reypen Street
17.03	JPMCB	67 Stuyvesant Avenue
17.04	JPMCB	2729 John F. Kennedy Boulevard
17.05	JPMCB	1 Britton Street
17.06	JPMCB	46 Vroom Street
17.07	JPMCB	6 Tonnele Avenue
17.08	JPMCB	114 Stuyvesant Avenue
17.09	JPMCB	64 Newkirk Street
17.10	JPMCB	153 Academy Street
18	JPMCB	Jersey City Group 3							2,246,269	985,517	1,260,752	2,434,201	987,148	1,447,053	08/31/19	96.2%	2,839,738	716,862	2,122,877
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard
18.02	JPMCB	169 Manhattan Avenue
18.03	JPMCB	78 Congress Street
18.04	JPMCB	516, 518 & 520 Central Avenue
18.05	JPMCB	3719 John F. Kennedy Boulevard
18.06	JPMCB	393 Central Avenue
18.07	JPMCB	104 Booraem Avenue
18.08	JPMCB	55 Graham Street
18.09	JPMCB	95 Beacon Avenue
19	JPMCB	Grand Canal Shoppes	112,655,066	33,296,436	79,358,630	107,586,327	33,160,381	74,425,947	103,110,653	31,784,180	71,326,473	102,473,435	31,007,624	71,465,811	03/31/19	100.0%	104,029,334	31,007,624	73,021,709
20	JPMCB	230 Park Avenue South														97.1%	33,596,638	11,449,082	22,147,556
21	JPMCB	Villas on Nueces														95.0%	4,210,245	1,324,158	2,886,087
22	GACC	Glendale Portfolio	1,548,388	604,678	943,709	1,620,249	604,703	1,015,546	1,067,656	691,337	376,319	1,778,528	799,889	978,639	08/30/19	95.0%	2,826,504	874,276	1,952,228
22.01	GACC	Windsor Villas	858,734	325,864	532,870	914,010	293,911	620,099	645,928	379,431	266,497	896,608	430,089	466,519	08/30/19	95.0%	1,543,773	475,636	1,068,137
22.02	GACC	720 Louise	689,654	278,814	410,840	706,239	310,792	395,447	421,728	311,906	109,822	881,920	369,800	512,120	08/30/19	95.0%	1,282,731	398,640	884,091
23	JPMCB	8 West Centre	8,535,555	3,117,870	5,417,685	8,564,091	3,155,737	5,408,354	8,549,984	3,141,769	5,408,215	8,632,476	3,031,568	5,600,908	08/31/19	95.0%	8,308,523	3,144,550	5,163,973
24	CREFI	Florham Park Corporate Center				3,478,543	1,466,542	2,012,001	3,718,285	1,441,600	2,276,685	3,586,885	1,441,618	2,145,267	06/30/19	90.0%	4,868,890	1,662,176	3,206,714
25	GACC	Sparks Galleria	2,430,044	792,638	1,637,406	3,270,808	785,764	2,485,044	3,045,324	913,604	2,131,720	3,646,600	874,719	2,771,881	07/31/19	90.3%	3,491,577	837,515	2,654,062
26	CREFI	530 Midwood										1,774,131	272,398	1,501,733	07/31/19	96.5%	1,771,143	230,953	1,540,190
27	JPMCB	The Rockland	4,242,193	2,287,389	1,954,804	4,480,556	2,455,742	2,024,814	4,443,166	2,620,964	1,822,202	4,374,516	2,648,556	1,725,960	06/30/19	90.2%	4,643,783	2,501,514	2,142,269
28	JPMCB	Sunset North				15,446,081	4,538,540	10,907,542	18,368,132	4,822,445	13,545,687	11,557,212	4,758,188	6,799,024	07/31/19	95.0%	19,978,769	6,362,971	13,615,798
29	JPMCB	600 & 620 National Avenue														97.0%	12,672,245	2,708,238	9,964,007
30	JPMCB	City Hyde Park				6,111,863	1,840,579	4,271,284	8,181,154	3,120,842	5,060,312	9,137,147	2,989,676	6,147,471	06/30/19	98.0%	10,396,195	2,862,031	7,534,164
31	CREFI	Keystone Plaza	2,013,804	681,586	1,332,218	2,281,069	712,797	1,568,273	2,361,319	738,170	1,623,149	2,325,048	763,892	1,561,157	07/31/19	94.9%	2,525,442	798,576	1,726,866
32	JPMCB	The Shoppes at Southside	2,159,364	545,329	1,614,035	2,241,076	504,472	1,736,604	2,283,011	523,084	1,759,927	2,146,688	541,172	1,605,516	06/30/19	95.0%	2,287,394	565,430	1,721,964
33	CREFI	Caughlin Ranch							1,874,312	569,748	1,304,564	2,109,113	585,763	1,523,350	08/31/19	91.0%	2,160,681	607,086	1,553,595
34	GACC	SE Michigan Multifamily Portfolio	4,821,301	3,245,318	1,575,983	5,244,084	3,131,522	2,112,562	5,384,517	3,456,331	1,928,187	5,390,846	3,446,016	1,944,830	07/31/19	92.0%	5,392,741	3,407,356	1,985,386
34.01	GACC	Anthos Garden	1,831,433	1,374,341	457,093	2,016,461	1,314,418	702,042	2,062,500	1,478,757	583,743	2,027,993	1,529,940	498,053	07/31/19	90.5%	2,032,498	1,519,088	513,411
34.02	GACC	Top of the Drive	1,114,268	666,875	447,393	1,226,967	655,529	571,439	1,274,670	718,421	556,248	1,299,838	699,438	600,400	07/31/19	95.0%	1,299,478	690,980	608,498
34.03	GACC	Victoria Place	644,470	415,526	228,945	668,812	405,799	263,013	718,800	396,901	321,899	731,587	409,548	322,039	07/31/19	88.4%	731,119	399,811	331,308
34.04	GACC	Park High	587,472	399,496	187,977	630,427	343,256	287,171	649,894	408,180	241,715	643,762	369,809	273,953	07/31/19	92.6%	643,696	359,625	284,070

A-1-7

ANNEX A-1


			HISTORICAL FINANCIALS⁽¹⁴⁾
																UW
			2016	2016	2016	2017	2017	2017	2018	2018	2018	Most Recent	Most Recent	Most Recent		Economic	UW	UW Total	UW
Loan #	Seller⁽¹⁾	Property Name	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)	Revenues ($)	Total Expenses ($)	NOI ($)⁽¹⁵⁾	As of	Occupancy %	Revenues ($)⁽⁴⁾	Expenses ($)	NOI ($)^(4)(15)(16)
34.05	GACC	Boulder Creek	643,657	389,081	254,576	701,417	412,519	288,898	678,654	454,072	224,582	687,666	437,281	250,385	07/31/19	94.2%	685,950	437,852	248,098
35	GACC	The Shops at Merchant’s Square														95.1%	1,604,755	345,765	1,258,990
36	CREFI	333 Cypress										631,604	102,532	529,072	08/31/19	84.0%	954,133	125,200	828,933
37	CREFI	Arrow Business Park				1,462,809	458,481	1,004,327	1,584,649	472,056	1,112,593	1,684,322	460,518	1,223,804	07/31/19	90.8%	1,789,878	546,184	1,243,694
38	CREFI	3 Avenues Shopping Center	1,576,871	281,287	1,295,584	1,551,589	295,749	1,255,840	1,560,824	298,656	1,262,168	1,640,530	295,688	1,344,842	08/31/19	95.0%	1,820,567	383,264	1,437,303
39	JPMCB	Daniel - The Dinex Group														97.0%	2,073,635	1,157,768	915,867
40	CREFI	CubeSmart Self Storage - Pembroke Pines	1,327,281	521,251	806,030	1,485,572	556,709	928,863	1,626,753	577,781	1,048,972	1,667,872	607,195	1,060,677	07/31/19	86.0%	1,667,872	672,308	995,564
41	GACC	Pioneer Plaza	1,545,625	415,590	1,130,035	1,476,556	409,793	1,066,763	1,541,602	411,640	1,129,962	1,498,002	405,442	1,092,560	05/31/19	92.7%	1,594,548	413,486	1,181,062
42	JPMCB	Bella Vista Phase II										1,253,009	554,273	698,736	04/30/19	89.1%	1,501,394	457,154	1,044,239
43	CREFI	Nobu DC										1,274,725	343,640	931,085	08/31/19	95.0%	1,302,838	386,826	916,012
44	JPMCB	Bay Pointe Apartments	1,742,850	1,063,252	679,599	1,926,099	976,163	949,936	1,811,150	1,016,192	794,958	1,853,912	969,870	884,042	06/30/19	93.7%	1,981,845	1,011,591	970,254
45	CREFI	652 Kent Avenue	961,400	172,665	788,735	961,400	162,974	798,426	961,400	163,416	797,984	961,403	194,076	767,327	07/31/19	95.0%	1,793,715	300,737	1,492,979
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler	2,360,345	1,569,700	790,645	2,630,652	1,561,606	1,069,046	2,927,470	1,661,814	1,265,656	2,882,083	1,678,042	1,204,041	06/30/19	91.6%	2,882,083	1,695,152	1,186,931
46.01	JPMCB	WoodSpring Suites Grand Rapids	1,423,327	854,582	568,745	1,432,855	790,263	642,592	1,601,294	817,591	783,703	1,603,442	826,975	776,467	06/30/19	93.6%	1,603,442	831,783	771,659
46.02	JPMCB	WoodSpring Suites Tyler	937,018	715,117	221,901	1,197,797	771,343	426,454	1,326,176	844,223	481,953	1,278,641	851,068	427,573	06/30/19	90.0%	1,278,641	863,369	415,272
47	GACC	Oak Hills Mobile Home Park				983,913	480,701	503,212	1,026,081	494,990	531,091	1,053,078	493,326	559,753	05/31/19	95.0%	1,110,082	489,061	621,020
48	GACC	Studio Movie Grill Chicago														95.0%	841,412	25,242	816,170
49	CREFI	532 East 142nd Street										238,734	32,368	206,365	07/31/19	79.6%	304,882	45,944	258,937
50	JPMCB	1713 Parkway														95.0%	533,366	175,495	357,871
51	CREFI	Best Storage - South	600,657	193,164	407,493	583,401	215,218	368,183	624,169	225,894	398,275	687,309	227,783	459,526	08/31/19	72.7%	687,309	244,000	443,309
52	CREFI	WAG Monck’s Corner, SC														97.4%	315,495	9,465	306,030
53	CREFI	CubeSmart Bryan TX				361,460	191,371	170,089	451,197	192,908	258,289	484,493	194,515	289,978	07/31/19	72.6%	484,493	210,574	273,919

A-1-8

ANNEX A-1



			UW Capital	UW	UW	UW NCF	UW NOI	UW NCF		Ground Lease	Ground Lease
Loan #	Seller⁽¹⁾	Property Name	Items ($)	NCF ($)^(4)(16)	NOI DSCR⁽¹⁷⁾	DSCR⁽¹⁷⁾	Debt Yield %	Debt Yield %	Title Type⁽¹⁸⁾	Expiration	Extension Terms
1	CREFI	Watergate Office Building	365,840	5,643,332	2.18	2.04	8.2%	7.7%	Fee/Leasehold
2	GACC	225 Bush	985,978	26,277,688	4.00	3.85	13.4%	12.9%	Fee
3	JPMCB	Innovation Park	2,043,807	19,162,924	3.27	2.96	11.6%	10.5%	Fee
4	JPMCB	The Essex	58,500	11,993,463	3.68	3.66	10.3%	10.3%	Fee
5	GACC	180 Water	117,355	14,955,732	3.17	3.15	11.0%	10.9%	Fee
6	CREFI	Harvey Building Products	1,034,637	13,536,402	1.62	1.51	9.1%	8.5%	Fee
6.01	CREFI	Londonderry / Manufacturing	160,689	2,313,037					Fee
6.02	CREFI	Dartmouth / Manufacturing	97,986	1,355,670					Fee
6.03	CREFI	Waltham Corporate	121,463	1,229,535					Fee
6.04	CREFI	Woburn	50,214	826,409					Fee
6.05	CREFI	Nashua	45,020	589,342					Fee
6.06	CREFI	Woburn CPD	36,040	586,328					Fee
6.07	CREFI	(West) Bridgewater	34,921	496,397					Fee
6.08	CREFI	Manchester, NH	33,837	463,887					Fee
6.09	CREFI	Norwalk 256	24,887	438,985					Fee
6.10	CREFI	New London	28,146	406,484					Fee
6.11	CREFI	East Haven	29,877	387,707					Fee
6.12	CREFI	Lincoln	30,898	371,497					Fee
6.13	CREFI	Bethlehem	29,588	343,044					Fee
6.14	CREFI	Salem	27,031	350,416					Fee
6.15	CREFI	Norwalk 260	19,032	385,245					Fee
6.16	CREFI	Berlin	23,911	353,847					Fee
6.17	CREFI	Dartmouth	27,051	308,292					Fee
6.18	CREFI	Manchester, CT	18,998	250,928					Fee
6.19	CREFI	Portland	26,996	233,235					Fee
6.20	CREFI	Braintree	20,617	231,373					Fee
6.21	CREFI	Warwick	17,365	219,586					Fee
6.22	CREFI	Fitchburg	21,474	180,277					Fee
6.23	CREFI	Auburn	21,813	174,630					Fee
6.24	CREFI	Berlin CPD	13,935	213,548					Fee
6.25	CREFI	Southampton	13,547	150,739					Fee
6.26	CREFI	Portsmouth	14,039	177,455					Fee
6.27	CREFI	Wilkes-Barre	12,188	141,521					Fee
6.28	CREFI	Hyannis	10,026	138,616					Fee
6.29	CREFI	Springfield	12,992	129,844					Fee
6.30	CREFI	White River Junction	10,058	88,530					Fee
7	CREFI	Legends at Village West	119,463	11,254,688	1.68	1.67	9.5%	9.4%	Fee
8	GACC	80 on the Commons	241,568	4,952,057	3.67	3.50	11.0%	10.5%	Fee
9	JPMCB	Osborn Triangle	2,061,327	51,673,090	3.25	3.12	12.5%	12.0%	Leasehold
9.01	JPMCB	610 Main Street North	75,259	23,500,965					Leasehold
9.02	JPMCB	1 Portland Street	1,143,783	17,670,161					Leasehold
9.03	JPMCB	700 Main Street	842,284	10,501,964					Leasehold
10	JPMCB	Tysons Tower	1,163,206	19,666,598	3.25	3.07	11.0%	10.4%	Fee
11	JPMCB	900 & 990 Stewart Avenue	228,968	7,447,208	2.01	1.95	9.1%	8.9%	Leasehold	1/31/2030 (900 Stewart Avenue); 7/31/2050 (990 Stewart Avenue)	Four, 10 years and one, 14 years (900 Stewart Avenue); Two, 10 years and one, 14 years (990 Stewart Avenue)
12	JPMCB	Hilton Cincinnati Netherland Plaza	0	7,891,648	1.62	1.62	10.9%	10.9%	Fee
13	CREFI	Oro Valley Marketplace	138,235	3,042,755	1.59	1.52	9.0%	8.6%	Fee
14	JPMCB	Spectrum Brands Global Headquarters	37,818	3,395,434	2.90	2.87	10.1%	10.0%	Fee
15	CREFI	Compass AGP Storage Portfolio	43,693	3,011,972	2.56	2.52	9.3%	9.1%	Fee
15.01	CREFI	Compass Self Storage Bloomfield	11,264	1,056,066					Fee
15.02	CREFI	Compass Self Storage Smyrna	6,061	464,864					Fee
15.03	CREFI	Compass Self Storage Port Richey	7,068	400,824					Fee
15.04	CREFI	Compass Self Storage Wendell	5,958	364,731					Fee
15.05	CREFI	Compass Self Storage Duluth	6,297	369,069					Fee
15.06	CREFI	Compass Self Storage Kennesaw	7,046	356,418					Fee
16	GACC	221 West 29th St	23,750	2,068,293	1.32	1.30	6.4%	6.4%	Leasehold	07/16/2112	None
17	JPMCB	Jersey City Group 1	45,750	2,132,332	1.10	1.08	6.8%	6.7%	Fee
17.01	JPMCB	92 & 96 Highland Avenue							Fee
17.02	JPMCB	58 Van Reypen Street							Fee
17.03	JPMCB	67 Stuyvesant Avenue							Fee
17.04	JPMCB	2729 John F. Kennedy Boulevard							Fee
17.05	JPMCB	1 Britton Street							Fee
17.06	JPMCB	46 Vroom Street							Fee
17.07	JPMCB	6 Tonnele Avenue							Fee
17.08	JPMCB	114 Stuyvesant Avenue							Fee
17.09	JPMCB	64 Newkirk Street							Fee
17.10	JPMCB	153 Academy Street							Fee
18	JPMCB	Jersey City Group 3	46,250	2,076,627	1.11	1.08	6.8%	6.7%	Fee
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard							Fee
18.02	JPMCB	169 Manhattan Avenue							Fee
18.03	JPMCB	78 Congress Street							Fee
18.04	JPMCB	516, 518 & 520 Central Avenue							Fee
18.05	JPMCB	3719 John F. Kennedy Boulevard							Fee
18.06	JPMCB	393 Central Avenue							Fee
18.07	JPMCB	104 Booraem Avenue							Fee
18.08	JPMCB	55 Graham Street							Fee
18.09	JPMCB	95 Beacon Avenue							Fee
19	JPMCB	Grand Canal Shoppes	2,023,806	70,997,903	2.53	2.46	9.6%	9.3%	Fee/Leasehold	5/14/2093 (Venetian Casino Resort); 2/28/2097 (Palazzo Hotel and Casino); 2/29/2064 (Walgreens)	One, 40 years (Walgreens); None (Venetian Hotel and Casino and Palazzo Resort and Casino)
20	JPMCB	230 Park Avenue South	185,990	21,961,566	2.67	2.65	8.9%	8.8%	Fee
21	JPMCB	Villas on Nueces	36,900	2,849,187	2.06	2.04	9.6%	9.5%	Fee
22	GACC	Glendale Portfolio	28,940	1,923,288	1.72	1.70	6.9%	6.8%	Fee
22.01	GACC	Windsor Villas	15,500	1,052,637					Fee
22.02	GACC	720 Louise	13,440	870,651					Fee
23	JPMCB	8 West Centre	510,414	4,653,559	2.07	1.86	11.7%	10.5%	Fee
24	CREFI	Florham Park Corporate Center	483,077	2,723,638	2.26	1.92	12.8%	10.9%	Fee
25	GACC	Sparks Galleria	199,908	2,454,154	3.56	3.29	11.3%	10.4%	Fee
26	CREFI	530 Midwood	24,960	1,515,230	1.81	1.78	7.1%	7.0%	Fee
27	JPMCB	The Rockland	111,600	2,030,669	1.89	1.79	10.7%	10.1%	Fee
28	JPMCB	Sunset North	612,561	13,003,237	2.75	2.63	9.1%	8.7%	Fee
29	JPMCB	600 & 620 National Avenue	0	9,964,007	1.93	1.93	7.2%	7.2%	Fee
30	JPMCB	City Hyde Park	151,409	7,382,754	1.08	1.06	6.7%	6.6%	Fee
31	CREFI	Keystone Plaza	69,224	1,657,642	1.49	1.43	9.3%	9.0%	Fee
32	JPMCB	The Shoppes at Southside	20,731	1,701,233	1.79	1.77	10.4%	10.3%	Fee
33	CREFI	Caughlin Ranch	102,091	1,451,504	2.48	2.32	9.8%	9.2%	Fee
34	GACC	SE Michigan Multifamily Portfolio	238,472	1,746,914	3.65	3.21	14.2%	12.5%	Fee
34.01	GACC	Anthos Garden	83,750	429,661					Fee
34.02	GACC	Top of the Drive	51,504	556,994					Fee
34.03	GACC	Victoria Place	32,718	298,590					Fee
34.04	GACC	Park High	32,928	251,142					Fee

A-1-9

ANNEX A-1



			UW Capital	UW	UW	UW NCF	UW NOI	UW NCF		Ground Lease	Ground Lease
Loan #	Seller⁽¹⁾	Property Name	Items ($)	NCF ($)^(4)(16)	NOI DSCR⁽¹⁷⁾	DSCR⁽¹⁷⁾	Debt Yield %	Debt Yield %	Title Type⁽¹⁸⁾	Expiration	Extension Terms
34.05	GACC	Boulder Creek	37,572	210,526					Fee
35	GACC	The Shops at Merchant’s Square	59,362	1,199,628	1.61	1.53	9.3%	8.9%	Fee
36	CREFI	333 Cypress	10,250	818,683	1.52	1.50	6.4%	6.3%	Fee
37	CREFI	Arrow Business Park	77,866	1,165,828	1.69	1.58	9.9%	9.3%	Fee
38	CREFI	3 Avenues Shopping Center	88,981	1,348,322	3.31	3.11	11.6%	10.9%	Fee
39	JPMCB	Daniel - The Dinex Group	20,430	895,437	1.59	1.56	7.5%	7.3%	Fee
40	CREFI	CubeSmart Self Storage - Pembroke Pines	11,194	984,370	1.49	1.47	8.4%	8.3%	Fee
41	GACC	Pioneer Plaza	81,623	1,099,439	1.82	1.69	10.2%	9.5%	Fee/Leasehold
42	JPMCB	Bella Vista Phase II	28,800	1,015,439	1.58	1.54	9.9%	9.6%	Fee
43	CREFI	Nobu DC	37,595	878,417	2.35	2.26	8.7%	8.3%	Fee
44	JPMCB	Bay Pointe Apartments	78,500	891,754	1.66	1.53	10.0%	9.2%	Fee
45	CREFI	652 Kent Avenue	75,793	1,417,186	1.54	1.46	18.7%	17.7%	Leasehold	03/14/2031	1 option, 22 years
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler	0	1,186,931	4.59	4.59	17.0%	17.0%	Fee
46.01	JPMCB	WoodSpring Suites Grand Rapids	0	771,659					Fee
46.02	JPMCB	WoodSpring Suites Tyler	0	415,272					Fee
47	GACC	Oak Hills Mobile Home Park	12,450	608,570	1.59	1.56	9.1%	8.9%	Fee
48	GACC	Studio Movie Grill Chicago	94,520	721,650	2.59	2.29	14.6%	12.9%	Fee
49	CREFI	532 East 142nd Street	3,750	255,187	1.44	1.42	6.6%	6.5%	Fee
50	JPMCB	1713 Parkway	20,189	337,683	1.67	1.57	9.5%	9.0%	Fee
51	CREFI	Best Storage - South	6,137	437,172	3.39	3.34	12.7%	12.5%	Fee
52	CREFI	WAG Monck’s Corner, SC	6,619	299,411	1.82	1.78	10.2%	10.0%	Fee
53	CREFI	CubeSmart Bryan TX	6,085	267,834	1.66	1.62	9.1%	8.9%	Fee

A-1-10

ANNEX A-1

					UPFRONT ESCROW⁽²⁰⁾

			Franchise		Upfront Capex	Upfront Engin.	Upfront Envir.	Upfront TI/LC	Upfront RE Tax	Upfront Ins.	Upfront Debt Service	Upfront Other	Other Upfront
Loan #	Seller⁽¹⁾	Property Name	Expiration Date⁽¹⁹⁾	PML %	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Description ($)
1	CREFI	Watergate Office Building			0	0	0	750,000	250,005	78,181	0	732,146	Sage Escrow: 590,711.42; Unfunded Obligations:141,435
2	GACC	225 Bush		19%	0	0	0	0	3,012,292	838,031	0	4,983,228	Outstanding TI/LC Reserve: 4,097,105.82; Rent Concession Reserve: 886,121.68
3	JPMCB	Innovation Park			30,912	0	0	115,921	441,662	0	0	0
4	JPMCB	The Essex			4,875	0	0	0	311,439	0	0	0
5	GACC	180 Water			0	0	0	333,406	2,830,078	100,505	0	4,100,046	Conversion Reserve: 1,808,900; Operating Shortfall Reserve: 1,200,000; Prepaid Rent Reserve: 891,145.89; Shortfall Reserve 200,000
6	CREFI	Harvey Building Products			0	0	0	0	0	0	0	0
6.01	CREFI	Londonderry / Manufacturing
6.02	CREFI	Dartmouth / Manufacturing
6.03	CREFI	Waltham Corporate
6.04	CREFI	Woburn
6.05	CREFI	Nashua
6.06	CREFI	Woburn CPD
6.07	CREFI	(West) Bridgewater
6.08	CREFI	Manchester, NH
6.09	CREFI	Norwalk 256
6.10	CREFI	New London
6.11	CREFI	East Haven
6.12	CREFI	Lincoln
6.13	CREFI	Bethlehem
6.14	CREFI	Salem
6.15	CREFI	Norwalk 260
6.16	CREFI	Berlin
6.17	CREFI	Dartmouth
6.18	CREFI	Manchester, CT
6.19	CREFI	Portland
6.20	CREFI	Braintree
6.21	CREFI	Warwick
6.22	CREFI	Fitchburg
6.23	CREFI	Auburn
6.24	CREFI	Berlin CPD
6.25	CREFI	Southampton
6.26	CREFI	Portsmouth
6.27	CREFI	Wilkes-Barre
6.28	CREFI	Hyannis
6.29	CREFI	Springfield
6.30	CREFI	White River Junction
7	CREFI	Legends at Village West			0	227,700	0	10,000,000	3,569,900	0	0	0
8	GACC	80 on the Commons			0	0	0	1,116,512	38,172	0	0	440,537	Free Rent Reserve
9	JPMCB	Osborn Triangle			0	0	0	0	0	0	0	0
9.01	JPMCB	610 Main Street North
9.02	JPMCB	1 Portland Street
9.03	JPMCB	700 Main Street
10	JPMCB	Tysons Tower			0	0	0	0	0	0	0	0
11	JPMCB	900 & 990 Stewart Avenue			1,000,000	0	0	7,000,000	520,691	46,815	0	2,774,228	Outstanding TI/LC Reserve: 1,595,038; Master Lease Reserve: 831,093; Free Rent Reserve: 327,772; Ground Lease Reserve: 20,325
12	JPMCB	Hilton Cincinnati Netherland Plaza	11/30/2029		0	382,383	0	0	460,682	0	0	3,090,409	PIP Reserve: 1,687,534.46; Working Capital Reserve: 902,874.64; Seasonality Reserve: 500,000
13	CREFI	Oro Valley Marketplace			0	10,750	0	990,000	74,538	12,271	0	2,499,530	Unfunded Obligations Reserve: 1,546,537.50; Walmart CAM Funds: 467,500; Gap Rent Funds: 441,992.64; DSW Cotenancy Funds: 43,500
14	JPMCB	Spectrum Brands Global Headquarters			0	0	0	0	0	0	0	0
15	CREFI	Compass AGP Storage Portfolio			0	0	0	0	151,811	0	0	0
15.01	CREFI	Compass Self Storage Bloomfield
15.02	CREFI	Compass Self Storage Smyrna
15.03	CREFI	Compass Self Storage Port Richey
15.04	CREFI	Compass Self Storage Wendell
15.05	CREFI	Compass Self Storage Duluth
15.06	CREFI	Compass Self Storage Kennesaw
16	GACC	221 West 29th St			0	0	0	0	0	37,655	0	0
17	JPMCB	Jersey City Group 1			4,064	0	75,000	0	110,445	0	0	0
17.01	JPMCB	92 & 96 Highland Avenue
17.02	JPMCB	58 Van Reypen Street
17.03	JPMCB	67 Stuyvesant Avenue
17.04	JPMCB	2729 John F. Kennedy Boulevard
17.05	JPMCB	1 Britton Street
17.06	JPMCB	46 Vroom Street
17.07	JPMCB	6 Tonnele Avenue
17.08	JPMCB	114 Stuyvesant Avenue
17.09	JPMCB	64 Newkirk Street
17.10	JPMCB	153 Academy Street
18	JPMCB	Jersey City Group 3			3,854	0	25,000	0	98,739	0	0	0
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard
18.02	JPMCB	169 Manhattan Avenue
18.03	JPMCB	78 Congress Street
18.04	JPMCB	516, 518 & 520 Central Avenue
18.05	JPMCB	3719 John F. Kennedy Boulevard
18.06	JPMCB	393 Central Avenue
18.07	JPMCB	104 Booraem Avenue
18.08	JPMCB	55 Graham Street
18.09	JPMCB	95 Beacon Avenue
19	JPMCB	Grand Canal Shoppes			0	0	0	0	0	0	0	13,527,940	Outstanding TI/LC Reserve: 12,309,694; Gap Rent Reserve: 1,218,246
20	JPMCB	230 Park Avenue South			0	0	0	0	0	0	0	59,026,648	Existing Landlord Obligations Reserve: 34,263,578.42; Rent Concession Reserve: 24,763,069.87
21	JPMCB	Villas on Nueces			3,075	0	0	0	350,000	21,803	0	3,276,087	Retainage Reserve: 2,876,087; Tenant Reimbursement Reserve: 400,000
22	GACC	Glendale Portfolio		Various	0	50,875	0	0	31,688	31,058	0	11,310	Parking Reserve
22.01	GACC	Windsor Villas		13%
22.02	GACC	720 Louise		14%
23	JPMCB	8 West Centre			3,784	37,500	0	1,500,000	1,535,640	0	0	0
24	CREFI	Florham Park Corporate Center			0	18,750	0	0	25,099	8,096	84,389	5,313,329	Managed Healthcare Unfunded Obligations Reserve: 2,222,772; AHS Unfunded Obligations Reserve: 1,727,000; Managed Healthcare Free Rent Reserve: 543,805; AHS Free Rent Reserve: 345,400; Unfunded Tenant Obligations Reserve: 310,164; Free Rent Reserve: 164,188
25	GACC	Sparks Galleria		8%	0	2,703	0	0	23,933	0	0	0
26	CREFI	530 Midwood			0	16,875	0	0	8,954	25,444	0	19,500	Unfunded Obligations
27	JPMCB	The Rockland			10,783	33,990	0	0	239,475	0	0	0
28	JPMCB	Sunset North		7%-9%	12,375	0	0	38,672	153,562	166,282	0	14,787,464	Outstanding TI/LC Reserve: 14,380,753.87; Free Rent Reserve: 406,709.78
29	JPMCB	600 & 620 National Avenue		6%	75,532	0	0	0	0	0	0	12,085,120	Outstanding TI/LC Reserve
30	JPMCB	City Hyde Park			4,834	0	0	11,465	360,081	70,907	0	446,473	Outstanding TI/LC Reserve: 421,473; OneFish TwoFish Reserve: 25,000
31	CREFI	Keystone Plaza			6,037	5,625	0	150,000	275,195	70,452	0	270,000	Roof Reserve
32	JPMCB	The Shoppes at Southside			300,000	0	0	700,000	273,938	0	0	1,762,250	Aspen Dental Reserve: 1,413,750; Outstanding TI Reserve: 348,500
33	CREFI	Caughlin Ranch		12%	0	0	0	0	27,532	46,467	0	141,435	Unfunded Obligations
34	GACC	SE Michigan Multifamily Portfolio			0	250,020	0	0	146,878	242,687	0	0
34.01	GACC	Anthos Garden
34.02	GACC	Top of the Drive
34.03	GACC	Victoria Place
34.04	GACC	Park High

A-1-11

ANNEX A-1

					UPFRONT ESCROW⁽²⁰⁾

			Franchise		Upfront Capex	Upfront Engin.	Upfront Envir.	Upfront TI/LC	Upfront RE Tax	Upfront Ins.	Upfront Debt Service	Upfront Other	Other Upfront
Loan #	Seller⁽¹⁾	Property Name	Expiration Date⁽¹⁹⁾	PML %	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Description ($)
34.05	GACC	Boulder Creek
35	GACC	The Shops at Merchant’s Square			0	0	0	0	0	22,849	0	2,410,947	Outstanding TI/LC Reserve: 1,937,753.99; Free Rent Reserve: 473,193
36	CREFI	333 Cypress			0	4,313	0	0	1,212	0	0	172,716	421-a Units Reserve
37	CREFI	Arrow Business Park		19%	33,140	0	0	82,850	101,360	7,766	0	0
38	CREFI	3 Avenues Shopping Center			0	0	0	0	17,523	80,843	0	0
39	JPMCB	Daniel - The Dinex Group			530	0	0	0	0	5,306	0	28,500	Condominium Assessments Reserve
40	CREFI	CubeSmart Self Storage - Pembroke Pines			149,550	0	0	0	193,823	48,591	0	0
41	GACC	Pioneer Plaza		7%	0	576,000	0	0	209,194	0	0	0
42	JPMCB	Bella Vista Phase II			2,400	0	0	0	115,742	0	0	0
43	CREFI	Nobu DC			0	0	0	0	70,197	0	0	0
44	JPMCB	Bay Pointe Apartments			9,158	97,625	0	0	150,342	0	0	0
45	CREFI	652 Kent Avenue			0	35,539	0	300,000	60,775	4,921	0	6,667	Ground Lease Reserve
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler			0	0	0	0	42,993	0	0	0
46.01	JPMCB	WoodSpring Suites Grand Rapids	04/16/2028
46.02	JPMCB	WoodSpring Suites Tyler	10/26/2028
47	GACC	Oak Hills Mobile Home Park			0	35,730	0	0	38,387	10,500	0	0
48	GACC	Studio Movie Grill Chicago			297,395	5,625	0	0	108,031	0	0	0
49	CREFI	532 East 142nd Street			0	0	0	0	476	0	0	446,176	421-a Units Reserve: 46,176; Holdback Reserve: 400,000
50	JPMCB	1713 Parkway			136	0	0	1,361	132,783	1,893	0	104,209	Outstanding TI/LC Leasing Cost Reserve: 79,377; Outstanding Fee/Gap Rent Reserve: 24,832
51	CREFI	Best Storage - South		7%	0	0	0	0	6,847	2,346	0	0
52	CREFI	WAG Monck’s Corner, SC			0	0	0	0	0	0	0	0
53	CREFI	CubeSmart Bryan TX			0	0	0	0	43,497	5,513	0	0

A-1-12

ANNEX A-1

			MONTHLY ESCROW⁽²¹⁾							RESERVE CAPS⁽²²⁾

			Monthly Capex	Monthly Envir.	Monthly TI/LC	Monthly RE Tax	Monthly Ins.	Monthly Other	Other Monthly	CapEx	Envir.	TI/LC	RE Tax	Insur.	Debt Service	Other
Loan #	Seller⁽¹⁾	Property Name	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Description ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)
1	CREFI	Watergate Office Building	3,587	0	26,900	125,003	11,169	Springing	Sage Escrow			2,364,000
2	GACC	225 Bush	9,666	0	96,665	376,536	119,719	0		231,995		3,479,922
3	JPMCB	Innovation Park	30,912	0	115,921	147,221	Springing	0				1,400,000
4	JPMCB	The Essex	5,415	0	0	62,288	Springing	0
5	GACC	180 Water	11,936	0	0	739,930	82,813	Springing	Prepaid Rent Reserve
6	CREFI	Harvey Building Products	Springing	0	0	Springing	Springing	0
6.01	CREFI	Londonderry / Manufacturing
6.02	CREFI	Dartmouth / Manufacturing
6.03	CREFI	Waltham Corporate
6.04	CREFI	Woburn
6.05	CREFI	Nashua
6.06	CREFI	Woburn CPD
6.07	CREFI	(West) Bridgewater
6.08	CREFI	Manchester, NH
6.09	CREFI	Norwalk 256
6.10	CREFI	New London
6.11	CREFI	East Haven
6.12	CREFI	Lincoln
6.13	CREFI	Bethlehem
6.14	CREFI	Salem
6.15	CREFI	Norwalk 260
6.16	CREFI	Berlin
6.17	CREFI	Dartmouth
6.18	CREFI	Manchester, CT
6.19	CREFI	Portland
6.20	CREFI	Braintree
6.21	CREFI	Warwick
6.22	CREFI	Fitchburg
6.23	CREFI	Auburn
6.24	CREFI	Berlin CPD
6.25	CREFI	Southampton
6.26	CREFI	Portsmouth
6.27	CREFI	Wilkes-Barre
6.28	CREFI	Hyannis
6.29	CREFI	Springfield
6.30	CREFI	White River Junction
7	CREFI	Legends at Village West	9,955	0	Springing	594,983	Springing	0				2,500,000
8	GACC	80 on the Commons	5,693	0	Springing	6,362	Springing	Springing	Condominium Reserve
9	JPMCB	Osborn Triangle	0	0	0	Springing	Springing	0
9.01	JPMCB	610 Main Street North
9.02	JPMCB	1 Portland Street
9.03	JPMCB	700 Main Street
10	JPMCB	Tysons Tower	Springing	0	Springing	Springing	Springing	0		1,000,000		1,321,825
11	JPMCB	900 & 990 Stewart Avenue	0	0	0	173,564	16,073	Springing	Ground Lease Reserve
12	JPMCB	Hilton Cincinnati Netherland Plaza	4% of Gross Revenues	0	0	115,170	Springing	18,745	Condominium Reserve: 18,745; Seasonality Reserve: Springing							Seasonality Reserve: 1,000,000
13	CREFI	Oro Valley Marketplace	5,108	0	Springing	74,538	6,135	0				880,000
14	JPMCB	Spectrum Brands Global Headquarters	3,152	0	5,235	Springing	Springing	0				250,000
15	CREFI	Compass AGP Storage Portfolio	3,641	0	0	45,006	Springing	0
15.01	CREFI	Compass Self Storage Bloomfield
15.02	CREFI	Compass Self Storage Smyrna
15.03	CREFI	Compass Self Storage Port Richey
15.04	CREFI	Compass Self Storage Wendell
15.05	CREFI	Compass Self Storage Duluth
15.06	CREFI	Compass Self Storage Kennesaw
16	GACC	221 West 29th St	1,979	0	0	8,301	5,379	78,030	Ground Rent Reserve
17	JPMCB	Jersey City Group 1	4,064	0	0	27,611	Springing	0		48,678
17.01	JPMCB	92 & 96 Highland Avenue
17.02	JPMCB	58 Van Reypen Street
17.03	JPMCB	67 Stuyvesant Avenue
17.04	JPMCB	2729 John F. Kennedy Boulevard
17.05	JPMCB	1 Britton Street
17.06	JPMCB	46 Vroom Street
17.07	JPMCB	6 Tonnele Avenue
17.08	JPMCB	114 Stuyvesant Avenue
17.09	JPMCB	64 Newkirk Street
17.10	JPMCB	153 Academy Street
18	JPMCB	Jersey City Group 3	3,854	0	0	24,685	Springing	0		46,250
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard
18.02	JPMCB	169 Manhattan Avenue
18.03	JPMCB	78 Congress Street
18.04	JPMCB	516, 518 & 520 Central Avenue
18.05	JPMCB	3719 John F. Kennedy Boulevard
18.06	JPMCB	393 Central Avenue
18.07	JPMCB	104 Booraem Avenue
18.08	JPMCB	55 Graham Street
18.09	JPMCB	95 Beacon Avenue
19	JPMCB	Grand Canal Shoppes	Springing	0	Springing	Springing	Springing	Springing	Ground Rent Reserve	386,928		2,321,544
20	JPMCB	230 Park Avenue South	0	0	0	Springing	Springing	0
21	JPMCB	Villas on Nueces	3,075	0	0	80,138	11,228	Springing	Prepaid Rent Reserve	110,700
22	GACC	Glendale Portfolio	2,167	0	0	31,688	3,451	0		104,016
22.01	GACC	Windsor Villas
22.02	GACC	720 Louise
23	JPMCB	8 West Centre	3,784	0	23,651	139,493	Springing	0				851,419
24	CREFI	Florham Park Corporate Center	3,851	0	29,167	25,099	4,048	0				2,100,000
25	GACC	Sparks Galleria	3,507	0	13,152	23,933	Springing	0		84,172		315,644
26	CREFI	530 Midwood	1,080	0	0	2,985	2,313	0		51,840
27	JPMCB	The Rockland	10,783	0	0	34,211	Springing	0
28	JPMCB	Sunset North	12,375	0	38,672	153,562	33,256	0		445,499		928,122
29	JPMCB	600 & 620 National Avenue	Springing	0	0	Springing	Springing	0		75,532
30	JPMCB	City Hyde Park	4,834	0	11,465	120,027	8,863	0				687,888
31	CREFI	Keystone Plaza	770	0	6,418	25,799	6,040	0		45,000		400,000
32	JPMCB	The Shoppes at Southside	Springing	0	Springing	23,984	Springing	0		30,000
33	CREFI	Caughlin Ranch	1,417	0	7,086	13,766	4,224	0
34	GACC	SE Michigan Multifamily Portfolio	19,896	0	0	29,276	41,754	0
34.01	GACC	Anthos Garden
34.02	GACC	Top of the Drive
34.03	GACC	Victoria Place
34.04	GACC	Park High

A-1-13

ANNEX A-1

			MONTHLY ESCROW⁽²¹⁾							RESERVE CAPS⁽²²⁾

			Monthly Capex	Monthly Envir.	Monthly TI/LC	Monthly RE Tax	Monthly Ins.	Monthly Other	Other Monthly	CapEx	Envir.	TI/LC	RE Tax	Insur.	Debt Service	Other
Loan #	Seller⁽¹⁾	Property Name	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Reserve ($)	Description ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)	Reserve Cap ($)
34.05	GACC	Boulder Creek
35	GACC	The Shops at Merchant’s Square	712	0	Springing	10,034	2,856	0		34,176		60,000
36	CREFI	333 Cypress	854	0	0	404	Springing	0
37	CREFI	Arrow Business Park	2,532	0	6,904	20,272	2,589	0				400,000
38	CREFI	3 Avenues Shopping Center	1,029	0	5,719	8,762	6,737	0				80,000
39	JPMCB	Daniel - The Dinex Group	530	0	0	71,519	781	Springing	Condominium Assessments Reserve
40	CREFI	CubeSmart Self Storage - Pembroke Pines	933	0	0	16,152	3,738	0
41	GACC	Pioneer Plaza	1,600	0	5,201	17,433	Springing	0		38,411		124,835
42	JPMCB	Bella Vista Phase II	2,400	0	0	22,132	Springing	0
43	CREFI	Nobu DC	Springing	0	Springing	23,399	Springing	Springing	Condominium Assessment Reserve
44	JPMCB	Bay Pointe Apartments	9,158	0	0	16,705	Springing	0
45	CREFI	652 Kent Avenue	1,533	0	0	10,129	4,921	Springing	Ground Lease Reserve
46	JPMCB	WoodSpring Suites Grand Rapids Holland & Tyler	Springing	0	0	10,734	Springing	Springing	PIP Reserve
46.01	JPMCB	WoodSpring Suites Grand Rapids
46.02	JPMCB	WoodSpring Suites Tyler
47	GACC	Oak Hills Mobile Home Park	1,038	0	0	9,597	Springing	0
48	GACC	Studio Movie Grill Chicago	815	0	7,063	36,010	Springing	0		29,334
49	CREFI	532 East 142nd Street	313	0	0	79	Springing	0
50	JPMCB	1713 Parkway	136	0	1,361	12,071	975	0				48,983
51	CREFI	Best Storage - South	511	0	0	2,282	1,173	0
52	CREFI	WAG Monck’s Corner, SC	185	0	1,235	Springing	Springing	0
53	CREFI	CubeSmart Bryan TX	507	0	0	3,954	Springing	0

A-1-14

ANNEX A-1

LARGEST TENANT ^{(4), (23), (24), (25)}

2nd LARGEST TENANT ^{(4), (23), (24), (25)}

3rd LARGEST TENANT ^{(4), (23), (24), (25)}

4th LARGEST TENANT ^{(4), (23), (24), (25)}

Single

Lease

Loan #

Seller⁽¹⁾

Property Name

Tenant

Largest Tenant

Unit Size

Expiration

2nd Largest Tenant

Unit Size

Expiration

3rd Largest Tenant

Unit Size

Expiration

4th Largest Tenant

Unit Size

Expiration

CREFI

Watergate Office Building

National Trust for Historic Preservation

37,745

12/31/28

George Washington University

36,529

07/31/27

SAGE Publications

26,188

10/31/22

KIPP DC

18,422

09/30/25

GACC

225 Bush

Twitch Interactive

84,035

08/18/21

LiveRamp, Inc

76,724

05/04/22

Benefit Cosmetics, LLC

61,917

08/31/20

Handshake

52,735

07/30/27

JPMCB

Innovation Park

AXA Equitable

291,528

11/30/28

Allstate Insurance Company

257,393

12/31/27

Classic Graphics

238,744

01/31/26

Alight Solutions LLC

216,377

11/30/25

JPMCB

The Essex

Regal Cinemas

65,000

03/31/39

GACC

180 Water

Citibank

3,496

04/30/29

180 Water Donuts LLC

750

08/31/29

CREFI

Harvey Building Products

Yes

6.01

CREFI

Londonderry / Manufacturing

Yes

Harvey Building Products

376,294

10/21/39

6.02

CREFI

Dartmouth / Manufacturing

Yes

Harvey Building Products

235,239

10/21/39

6.03

CREFI

Waltham Corporate

Yes

Harvey Building Products

54,400

10/21/39

6.04

CREFI

Woburn

Yes

Harvey Building Products

76,054

10/21/39

6.05

CREFI

Nashua

Yes

Harvey Building Products

111,594

10/21/39

6.06

CREFI

Woburn CPD

Yes

Harvey Building Products

59,800

10/21/39

6.07

CREFI

(West) Bridgewater

Yes

Harvey Building Products

81,776

10/21/39

6.08

CREFI

Manchester, NH

Yes

Harvey Building Products

81,747

10/21/39

6.09

CREFI

Norwalk 256

Yes

Harvey Building Products

40,232

10/21/39

6.10

CREFI

New London

Yes

Harvey Building Products

70,642

10/21/39

6.11

CREFI

East Haven

Yes

Harvey Building Products

70,089

10/21/39

6.12

CREFI

Lincoln

Yes

Harvey Building Products

80,240

10/21/39

6.13

CREFI

Bethlehem

Yes

Harvey Building Products

71,091

10/21/39

6.14

CREFI

Salem

Yes

Harvey Building Products

58,286

10/21/39

6.15

CREFI

Norwalk 260

Yes

Harvey Building Products

30,000

10/21/39

6.16

CREFI

Berlin

Yes

Harvey Building Products

43,796

10/21/39

6.17

CREFI

Dartmouth

Yes

Harvey Building Products

63,117

10/21/39

6.18

CREFI

Manchester, CT

Yes

Harvey Building Products

49,175

10/21/39

6.19

CREFI

Portland

Yes

Harvey Building Products

48,145

10/21/39

6.20

CREFI

Braintree

Yes

Harvey Building Products

32,531

10/21/39

6.21

CREFI

Warwick

Yes

Harvey Building Products

43,899

10/21/39

6.22

CREFI

Fitchburg

Yes

Harvey Building Products

39,433

10/21/39

6.23

CREFI

Auburn

Yes

Harvey Building Products

37,132

10/21/39

6.24

CREFI

Berlin CPD

Yes

Harvey Building Products

28,163

10/21/39

6.25

CREFI

Southampton

Yes

Harvey Building Products

36,421

10/21/39

6.26

CREFI

Portsmouth

Yes

Harvey Building Products

31,470

10/21/39

6.27

CREFI

Wilkes-Barre

Yes

Harvey Building Products

32,200

10/21/39

6.28

CREFI

Hyannis

Yes

Harvey Building Products

24,070

10/21/39

6.29

CREFI

Springfield

Yes

Harvey Building Products

25,347

10/21/39

6.30

CREFI

White River Junction

Yes

Harvey Building Products

13,736

10/21/39

CREFI

Legends at Village West

American Multi-Cinema, Inc.

88,270

08/31/28

Dave & Busters

46,953

11/30/22

TJ Maxx

29,956

10/31/20

H&M

25,025

01/31/28

GACC

80 on the Commons

Root Insurance

109,062

11/30/24

Coastal Ridge

20,001

06/30/30

BBI Logistics

18,815

09/30/27

AEP Service Company

11,847

01/31/24

JPMCB

Osborn Triangle

Various

9.01

JPMCB

610 Main Street North

Pfizer

270,056

12/31/31

Sulmona Restaurant Group

3,355

02/28/27

Café Luna

2,328

03/31/27

Boston Burger

1,984

09/30/27

9.02

JPMCB

1 Portland Street

Yes

Pfizer

229,330

01/31/24

9.03

JPMCB

700 Main Street

Novartis Institutes for Biomedical Research, Inc.

99,883

07/31/24

Lab Central Inc.

68,996

03/31/27

JPMCB

Tysons Tower

Intelsat Global Service Corporation

212,572

07/31/29

Deloitte, LLP

94,378

08/31/27

Splunk Inc

57,521

05/31/22

Morgan Franklin

28,553

02/28/27

JPMCB

900 & 990 Stewart Avenue

AON

60,143

09/01/28

Wright Risk Management

37,550

06/01/29

Meyer, Suozzi, English & Klein

35,578

02/01/26

Contour Mortgage

21,566

10/01/25

JPMCB

Hilton Cincinnati Netherland Plaza

CREFI

Oro Valley Marketplace

Wal-Mart

195,273

03/27/28

Ashley Furniture

45,197

01/31/35

Century Theatres

39,081

10/31/23

Best Buy

30,162

03/31/22

JPMCB

Spectrum Brands Global Headquarters

Yes

Spectrum

252,122

02/01/34

CREFI

Compass AGP Storage Portfolio

15.01

CREFI

Compass Self Storage Bloomfield

15.02

CREFI

Compass Self Storage Smyrna

15.03

CREFI

Compass Self Storage Port Richey

15.04

CREFI

Compass Self Storage Wendell

15.05

CREFI

Compass Self Storage Duluth

15.06

CREFI

Compass Self Storage Kennesaw

GACC

221 West 29th St

JPMCB

Jersey City Group 1

17.01

JPMCB

92 & 96 Highland Avenue

17.02

JPMCB

58 Van Reypen Street

17.03

JPMCB

67 Stuyvesant Avenue

17.04

JPMCB

2729 John F. Kennedy Boulevard

17.05

JPMCB

1 Britton Street

17.06

JPMCB

46 Vroom Street

17.07

JPMCB

6 Tonnele Avenue

17.08

JPMCB

114 Stuyvesant Avenue

17.09

JPMCB

64 Newkirk Street

17.10

JPMCB

153 Academy Street

JPMCB

Jersey City Group 3

18.01

JPMCB

3143 & 3149 John F. Kennedy Boulevard

18.02

JPMCB

169 Manhattan Avenue

18.03

JPMCB

78 Congress Street

18.04

JPMCB

516, 518 & 520 Central Avenue

18.05

JPMCB

3719 John F. Kennedy Boulevard

18.06

JPMCB

393 Central Avenue

18.07

JPMCB

104 Booraem Avenue

18.08

JPMCB

55 Graham Street

18.09

JPMCB

95 Beacon Avenue

JPMCB

Grand Canal Shoppes

The Venetian Casino Resort

81,105

05/31/29

Tao Nightclub

49,441

01/31/25

Madame ‘Tussaud Las Vegas

28,235

07/31/24

Regis Galerie

28,099

05/31/25

JPMCB

230 Park Avenue South

Discovery

361,214

01/31/37

JP Morgan Chase

12,165

07/09/21

Earth Mail

314

02/28/21

JPMCB

Villas on Nueces

GACC

Glendale Portfolio

22.01

GACC

Windsor Villas

22.02

GACC

720 Louise

JPMCB

8 West Centre

Helix Energy Solutions Group

118,630

06/30/25

Cameron International Corp.

106,801

11/30/23

CREFI

Florham Park Corporate Center

Managed Healthcare Associates

39,060

10/31/21

Atlantic Ambulance Corp.

22,295

04/30/29

Prime Pensions

15,966

11/30/25

AHS Hospital Corporation

12,245

04/30/29

GACC

Sparks Galleria

Fitness Connection

41,537

12/31/23

Marshalls

40,233

08/31/28

Sprouts

30,323

06/30/33

Office Depot

18,813

07/31/25

CREFI

530 Midwood

Knickerbocker Dialysis

9,600

09/30/27

JPMCB

The Rockland

JPMCB

Sunset North

Intellectual Ventures

152,633

05/31/25

ArenaNet

96,839

05/31/29

WeWork

78,303

12/31/31

Farmers

61,327

05/31/29

JPMCB

600 & 620 National Avenue

Yes

Google

151,064

05/31/29

JPMCB

City Hyde Park

Whole Foods

30,326

06/30/26

Marshalls

26,020

05/31/26

Michaels

18,141

02/28/26

RGN-Chicago XXXII LLC

16,614

07/31/26

CREFI

Keystone Plaza

Jumbo Buffet

6,440

02/28/23

Popular Community Bank

6,408

08/31/26

Mr. Fresh Farmers Market

5,806

03/31/23

Specialty Lighting & Bulbs

3,600

01/31/21

JPMCB

The Shoppes at Southside

Best Buy

45,802

03/31/25

Urban Air

40,000

07/31/29

David’s Bridal

10,000

09/30/29

Chick-fil-A

4,261

10/31/24

CREFI

Caughlin Ranch

Raleys

50,451

06/30/31

Anytime Fitness

8,000

06/30/20

Renown Health

6,453

01/31/27

Ice Age Meals

6,000

12/31/20

GACC

SE Michigan Multifamily Portfolio

34.01

GACC

Anthos Garden

34.02

GACC

Top of the Drive

34.03

GACC

Victoria Place

34.04

GACC

Park High

A-1-15

ANNEX A-1

LARGEST TENANT ^{(4), (23), (24), (25)}

2nd LARGEST TENANT ^{(4), (23), (24), (25)}

3rd LARGEST TENANT ^{(4), (23), (24), (25)}

4th LARGEST TENANT ^{(4), (23), (24), (25)}

Single

Lease

Loan #

Seller⁽¹⁾

Property Name

Tenant

Largest Tenant

Unit Size

Expiration

2nd Largest Tenant

Unit Size

Expiration

3rd Largest Tenant

Unit Size

Expiration

4th Largest Tenant

Unit Size

Expiration

34.05

GACC

Boulder Creek

GACC

The Shops at Merchant’s Square

Ulta

10,417

06/30/29

Chuy’s

7,142

10/31/34

Char

6,000

07/31/29

Brass Tap

3,502

06/30/29

CREFI

333 Cypress

CREFI

Arrow Business Park

Walco Inc.

12,631

09/30/23

Joe Cantone and Neal Cantone dba Pomona Print Shop

10,362

07/31/21

La Rocque Better Roofs Inc.

7,082

07/31/21

American Threat Assessment Consulting, Inc.

4,359

10/31/22

CREFI

3 Avenues Shopping Center

Bonefish Grill

5,500

06/30/23

Panera Bread

5,100

06/30/24

Chase Bank

4,335

10/13/33

Caliber

4,000

08/31/21

JPMCB

Daniel - The Dinex Group

Yes

Daniel

17,765

10/14/39

CREFI

CubeSmart Self Storage - Pembroke Pines

GACC

Pioneer Plaza

Safeway

47,019

06/30/23

Top to Bottom

8,143

03/31/20

Dragon Vine

3,926

01/31/20

Shari’s

3,809

08/31/25

JPMCB

Bella Vista Phase II

CREFI

Nobu DC

Yes

Nobu

13,211

09/11/37

JPMCB

Bay Pointe Apartments

CREFI

652 Kent Avenue

Yes

Brink’s

92,000

08/31/39

JPMCB

WoodSpring Suites Grand Rapids Holland & Tyler

46.01

JPMCB

WoodSpring Suites Grand Rapids

46.02

JPMCB

WoodSpring Suites Tyler

GACC

Oak Hills Mobile Home Park

GACC

Studio Movie Grill Chicago

Yes

Studio Movie Grill

65,186

01/31/29

CREFI

532 East 142nd Street

JPMCB

1713 Parkway

Comerica Bank

2,781

11/14/28

Pizza Hut

1,585

12/01/24

Austin Gourmet Popcorn

1,477

04/01/24

Teapioca Lounge

1,471

01/08/28

CREFI

Best Storage - South

CREFI

WAG Monck’s Corner, SC

Yes

Walgreens

14,820

08/31/31

CREFI

CubeSmart Bryan TX

A-1-16

ANNEX A-1

5th LARGEST TENANT ^{(4), (23), (24), (25)}

Lease

Loan

Lockbox

Cash

Loan #

Seller⁽¹⁾

Property Name

5th Largest Tenant

Unit Size

Expiration

Purpose

Principal / Carveout Guarantor⁽²⁶⁾

(Y/N)

Type⁽²⁷⁾

Management⁽²⁷⁾

CREFI

Watergate Office Building

National League for Nursing

18,299

04/30/26

Acquisition

Scott J. Seligman

Yes

Hard

Springing

GACC

225 Bush

SunRun

43,850

05/31/24

Refinance

Kylli Inc.

Yes

Hard

Springing

JPMCB

Innovation Park

Wells Fargo Bank

196,613

03/31/25

Acquisition

Aleph Investment Properties (US), LLLP, Aleph Investment Properties, LLLP

Yes

Hard

Springing

JPMCB

The Essex

Refinance

Taconic Development Capital LLC, L&M Development Partners Inc., Donald Capoccia, Brandon Baron, Joseph Ferrara

Yes

Hard

Springing

GACC

180 Water

Refinance

Nathan Berman

Yes

Hard

In Place

CREFI

Harvey Building Products

Acquisition

AG Net Lease IV Corp.

Yes

Hard

Springing

6.01

CREFI

Londonderry / Manufacturing

6.02

CREFI

Dartmouth / Manufacturing

6.03

CREFI

Waltham Corporate

6.04

CREFI

Woburn

6.05

CREFI

Nashua

6.06

CREFI

Woburn CPD

6.07

CREFI

(West) Bridgewater

6.08

CREFI

Manchester, NH

6.09

CREFI

Norwalk 256

6.10

CREFI

New London

6.11

CREFI

East Haven

6.12

CREFI

Lincoln

6.13

CREFI

Bethlehem

6.14

CREFI

Salem

6.15

CREFI

Norwalk 260

6.16

CREFI

Berlin

6.17

CREFI

Dartmouth

6.18

CREFI

Manchester, CT

6.19

CREFI

Portland

6.20

CREFI

Braintree

6.21

CREFI

Warwick

6.22

CREFI

Fitchburg

6.23

CREFI

Auburn

6.24

CREFI

Berlin CPD

6.25

CREFI

Southampton

6.26

CREFI

Portsmouth

6.27

CREFI

Wilkes-Barre

6.28

CREFI

Hyannis

6.29

CREFI

Springfield

6.30

CREFI

White River Junction

CREFI

Legends at Village West

Off Broadway Shoes

21,554

01/31/26

Refinance

Walton Street Real Estate FUND VII, L.P., Walton Street Real Estate Investors VII, L.P., Walton Street Real Estate Fund VII-Q, L.P., Walton Street Real Estate Fund VII-E, L.P., Walton Street Real Estate Partners VII, L.P., Walton Street Real Estate Partners VII-NGE, L.P., Walton Street Real Estate Fund VII-NUS, L.P. and WSC Capital Holdings VII, L.P.

Yes

Hard

Springing

GACC

80 on the Commons

Sweney Cartwright

4,665

12/31/26

Acquisition

Starwood REIT Operating Partnership, L.P.

Yes

Soft (Multifamily); Hard (Office)

Springing

JPMCB

Osborn Triangle

Acquisition

NAP

Yes

Hard

Springing

9.01

JPMCB

610 Main Street North

Revela

1,015

07/31/27

9.02

JPMCB

1 Portland Street

9.03

JPMCB

700 Main Street

JPMCB

Tysons Tower

Reed Smith LLP

28,553

07/31/29

Recapitalization

NAP

Yes

Hard

Springing

JPMCB

900 & 990 Stewart Avenue

Nationwide

18,787

08/01/23

Acquisition

Leibel Lederman

Yes

Hard

In Place

JPMCB

Hilton Cincinnati Netherland Plaza

Refinance

Greg A. Power

Yes

Hard

In Place

CREFI

Oro Valley Marketplace

Big Lots

28,486

01/31/21

Acquisition

HSL Properties, Inc., Town West Realty, Inc. and Town West Realty II, Inc.

Yes

Springing

JPMCB

Spectrum Brands Global Headquarters

Acquisition

HGGP Capital VIII, LLC, HGGP Capital IX, LLC, HGGP Capital X, LLC, HGGP Capital XI, LLC, HGGP Capital XII, LLC, HGGP Capital XIII, LLC, HGGP Capital XIV, LP

Yes

Hard

Springing

CREFI

Compass AGP Storage Portfolio

Refinance

Robert J. Amsdell, Barry L. Amsdell

Yes

Springing

15.01

CREFI

Compass Self Storage Bloomfield

15.02

CREFI

Compass Self Storage Smyrna

15.03

CREFI

Compass Self Storage Port Richey

15.04

CREFI

Compass Self Storage Wendell

15.05

CREFI

Compass Self Storage Duluth

15.06

CREFI

Compass Self Storage Kennesaw

GACC

221 West 29th St

Refinance

IronState Holdings LLC, Charles Blaichman, Scott Shnay, Abram Shnay

Yes

Springing

JPMCB

Jersey City Group 1

Refinance

Joseph Ehrman, Barry Schreiber

Yes

Springing

17.01

JPMCB

92 & 96 Highland Avenue

17.02

JPMCB

58 Van Reypen Street

17.03

JPMCB

67 Stuyvesant Avenue

17.04

JPMCB

2729 John F. Kennedy Boulevard

17.05

JPMCB

1 Britton Street

17.06

JPMCB

46 Vroom Street

17.07

JPMCB

6 Tonnele Avenue

17.08

JPMCB

114 Stuyvesant Avenue

17.09

JPMCB

64 Newkirk Street

17.10

JPMCB

153 Academy Street

JPMCB

Jersey City Group 3

Refinance

Joseph Ehrman, Barry Schreiber

Yes

Springing

18.01

JPMCB

3143 & 3149 John F. Kennedy Boulevard

18.02

JPMCB

169 Manhattan Avenue

18.03

JPMCB

78 Congress Street

18.04

JPMCB

516, 518 & 520 Central Avenue

18.05

JPMCB

3719 John F. Kennedy Boulevard

18.06

JPMCB

393 Central Avenue

18.07

JPMCB

104 Booraem Avenue

18.08

JPMCB

55 Graham Street

18.09

JPMCB

95 Beacon Avenue

JPMCB

Grand Canal Shoppes

Grand Lux Café

19,100

12/31/29

Refinance

BPR Nimbus LLC

Yes

Hard

Springing

JPMCB

230 Park Avenue South

Refinance

TF Cornerstone Properties, LLC

Yes

Hard

Springing

JPMCB

Villas on Nueces

Refinance

Brad J. Zucker

Yes

Soft

Springing

GACC

Glendale Portfolio

Refinance

The Robert and Marjorie Champion Trust

Yes

Springing

22.01

GACC

Windsor Villas

22.02

GACC

720 Louise

JPMCB

8 West Centre

Refinance

Azrieli Group Ltd.

Yes

Hard

In Place

CREFI

Florham Park Corporate Center

COWI-North America Inc.

11,178

11/30/27

Acquisition

Joseph Brachfeld, Patrick J. Magee

Yes

Hard

Springing

GACC

Sparks Galleria

Salons by JC

6,530

10/09/25

Acquisition

CIRE OPCO I, LLC

Yes

Hard

Springing

CREFI

530 Midwood

Refinance

Joel Wertzberger

Yes

Springing

JPMCB

The Rockland

Acquisition

Brian Nelson

Yes

Springing

JPMCB

Sunset North

GM Cruise

32,331

11/30/26

Acquisition

Kennedy-Wilson Holdings, Inc.

Yes

Hard

Springing

JPMCB

600 & 620 National Avenue

Acquisition

Brett Michael Lipman, Farshid Steve Shokouhi

Yes

Hard

Springing

JPMCB

City Hyde Park

Hyde Park OneFish TwoFish LLC

5,255

07/31/27

Refinance

LARP Holdings, LLC

Yes

Springing Soft (Multifamily); Springing Hard (Retail)

Springing

CREFI

Keystone Plaza

The Sherwin-Williams Company

3,240

10/31/23

Refinance

Irwin Tauber, Tauber Family 2001 Dynasty Trust

Yes

Hard

Springing

JPMCB

The Shoppes at Southside

Deerwood Jewelers

2,800

07/31/22

Acquisition

Adam Greenberg, Michael Lapointe, Abbey Berkowitz, Phyllis McHenry, Anthony DeRosa

Yes

Springing

CREFI

Caughlin Ranch

Pitts Orthodontics

4,800

10/31/23

Refinance

ShopOne Centers Operating Partnership, L.P.

Yes

Hard

Springing

GACC

SE Michigan Multifamily Portfolio

Refinance

Kenneth Teagle, Trent Keliher, Robin Scrimgeour

Yes

Springing

34.01

GACC

Anthos Garden

34.02

GACC

Top of the Drive

34.03

GACC

Victoria Place

34.04

GACC

Park High

A-1-17

ANNEX A-1

5th LARGEST TENANT ^{(4), (23), (24), (25)}

Lease

Loan

Lockbox

Cash

Loan #

Seller⁽¹⁾

Property Name

5th Largest Tenant

Unit Size

Expiration

Purpose

Principal / Carveout Guarantor⁽²⁶⁾

(Y/N)

Type⁽²⁷⁾

Management⁽²⁷⁾

34.05

GACC

Boulder Creek

GACC

The Shops at Merchant’s Square

Aspen Dental

3,334

01/31/30

Refinance

Remy F. Gross III, Maximillian J. Grelier III

Yes

Springing

CREFI

333 Cypress

Refinance

Robert Rosenberg

Yes

Springing

CREFI

Arrow Business Park

B and K Electric Wholesale

4,108

04/30/22

Acquisition

ACEM LLC

Yes

Soft

Springing

CREFI

3 Avenues Shopping Center

Jos A Bank

3,904

11/12/23

Refinance

Peter Scott Parker

Yes

Springing

JPMCB

Daniel - The Dinex Group

Refinance

The Dinex Group, LLC

Yes

Hard

Springing

CREFI

CubeSmart Self Storage - Pembroke Pines

Acquisition

Jacob Ramage

Yes

Springing

GACC

Pioneer Plaza

Oishii Sushi

3,600

10/31/27

Acquisition

Kenneth Levy

Yes

Springing

JPMCB

Bella Vista Phase II

Acquisition

Bernard McGuire, Eugene McGuire

Yes

Springing

CREFI

Nobu DC

Recapitalization

PRP REI, LLC

Yes

Hard

Springing

JPMCB

Bay Pointe Apartments

Refinance

Gary W. Gates, Jr.

Yes

Soft

Springing

CREFI

652 Kent Avenue

Refinance

Emil LLC

Yes

Springing

JPMCB

WoodSpring Suites Grand Rapids Holland & Tyler

Refinance

Richard D. Squires

Yes

Springing

46.01

JPMCB

WoodSpring Suites Grand Rapids

46.02

JPMCB

WoodSpring Suites Tyler

GACC

Oak Hills Mobile Home Park

Refinance

James A. Martin

Yes

Springing

GACC

Studio Movie Grill Chicago

Acquisition

Jon Goldstein

Yes

Hard

Springing

CREFI

532 East 142nd Street

Refinance

Robert Rosenberg

Yes

Springing

JPMCB

1713 Parkway

Cookie Cutters

1,213

10/17/27

Refinance

Joseph L. Priske

Yes

Springing

CREFI

Best Storage - South

Refinance

Arthur Lloyd Davidson, Jr.

Yes

Springing

CREFI

WAG Monck’s Corner, SC

Acquisition

Joseph Perri

Yes

Springing

CREFI

CubeSmart Bryan TX

Acquisition

Lawrence Charles Kaplan, George Thacker, Richard Schontz

Yes

Springing

A-1-18

ANNEX A-1

Pari Passu Debt

Additional Debt

Pari Passu

Total Cut-off

Additional

Pari Passu

Note Control

Piece In Trust

Piece Non Trust

Date Pari

Addit Debt

Additional

Debt Cut off

Additional Debt

Loan #

Seller⁽¹⁾

Property Name

(Y/N)

(Y/N)⁽²⁸⁾

Cut-Off Balance

Passu Debt

Permitted (Y/N)

Exist (Y/N)⁽²⁹⁾

Debt Type(s)

Date Balance

Interest Rate

CREFI

Watergate Office Building

NAP

GACC

225 Bush

Yes

60,000,000

143,600,000

203,600,000

Yes

Subordinate Debt

146,400,000

3.30300

JPMCB

Innovation Park

Yes

60,000,000

122,250,000

182,250,000

Yes

Permitted Mezz

NAP

JPMCB

The Essex

Yes

56,900,000

60,100,000

117,000,000

Yes

Subordinate Debt (58,000,000)/Mezzanine Loan (40,000,000)

98,000,000

5.81122

GACC

180 Water

Yes

50,000,000

87,500,000

137,500,000

Yes

Subordinate Debt (127,500,000)/Mezzanine Loan (100,000,000)/Permitted Mezzanine

227,500,000

5.55966

CREFI

Harvey Building Products

Yes

50,000,000

110,000,000

160,000,000

Yes

Permitted Mezzanine

NAP

6.01

CREFI

Londonderry / Manufacturing

6.02

CREFI

Dartmouth / Manufacturing

6.03

CREFI

Waltham Corporate

6.04

CREFI

Woburn

6.05

CREFI

Nashua

6.06

CREFI

Woburn CPD

6.07

CREFI

(West) Bridgewater

6.08

CREFI

Manchester, NH

6.09

CREFI

Norwalk 256

6.10

CREFI

New London

6.11

CREFI

East Haven

6.12

CREFI

Lincoln

6.13

CREFI

Bethlehem

6.14

CREFI

Salem

6.15

CREFI

Norwalk 260

6.16

CREFI

Berlin

6.17

CREFI

Dartmouth

6.18

CREFI

Manchester, CT

6.19

CREFI

Portland

6.20

CREFI

Braintree

6.21

CREFI

Warwick

6.22

CREFI

Fitchburg

6.23

CREFI

Auburn

6.24

CREFI

Berlin CPD

6.25

CREFI

Southampton

6.26

CREFI

Portsmouth

6.27

CREFI

Wilkes-Barre

6.28

CREFI

Hyannis

6.29

CREFI

Springfield

6.30

CREFI

White River Junction

CREFI

Legends at Village West

Yes

50,000,000

70,000,000

120,000,000

NAP

GACC

80 on the Commons

NAP

JPMCB

Osborn Triangle

Yes

40,000,000

390,000,000

430,000,000

Yes

Subordinate Debt

145,000,000

3.79700

9.01

JPMCB

610 Main Street North

9.02

JPMCB

1 Portland Street

9.03

JPMCB

700 Main Street

JPMCB

Tysons Tower

Yes

40,000,000

150,000,000

190,000,000

NAP

JPMCB

900 & 990 Stewart Avenue

Yes

39,000,000

45,000,000

84,000,000

NAP

JPMCB

Hilton Cincinnati Netherland Plaza

Yes

35,500,000

37,000,000

72,500,000

NAP

CREFI

Oro Valley Marketplace

NAP

JPMCB

Spectrum Brands Global Headquarters

NAP

CREFI

Compass AGP Storage Portfolio

NAP

15.01

CREFI

Compass Self Storage Bloomfield

15.02

CREFI

Compass Self Storage Smyrna

15.03

CREFI

Compass Self Storage Port Richey

15.04

CREFI

Compass Self Storage Wendell

15.05

CREFI

Compass Self Storage Duluth

15.06

CREFI

Compass Self Storage Kennesaw

GACC

221 West 29th St

NAP

JPMCB

Jersey City Group 1

NAP

17.01

JPMCB

92 & 96 Highland Avenue

17.02

JPMCB

58 Van Reypen Street

17.03

JPMCB

67 Stuyvesant Avenue

17.04

JPMCB

2729 John F. Kennedy Boulevard

17.05

JPMCB

1 Britton Street

17.06

JPMCB

46 Vroom Street

17.07

JPMCB

6 Tonnele Avenue

17.08

JPMCB

114 Stuyvesant Avenue

17.09

JPMCB

64 Newkirk Street

17.10

JPMCB

153 Academy Street

JPMCB

Jersey City Group 3

NAP

18.01

JPMCB

3143 & 3149 John F. Kennedy Boulevard

18.02

JPMCB

169 Manhattan Avenue

18.03

JPMCB

78 Congress Street

18.04

JPMCB

516, 518 & 520 Central Avenue

18.05

JPMCB

3719 John F. Kennedy Boulevard

18.06

JPMCB

393 Central Avenue

18.07

JPMCB

104 Booraem Avenue

18.08

JPMCB

55 Graham Street

18.09

JPMCB

95 Beacon Avenue

JPMCB

Grand Canal Shoppes

Yes

30,384,615

729,615,385

760,000,000

Yes

Subordinate Debt

215,000,000

6.25000

JPMCB

230 Park Avenue South

Yes

30,000,000

220,000,000

250,000,000

NAP

JPMCB

Villas on Nueces

NAP

Yes

Mezzanine Loan

7,000,000

7.25000

GACC

Glendale Portfolio

NAP

22.01

GACC

Windsor Villas

22.02

GACC

720 Louise

JPMCB

8 West Centre

Yes

26,000,000

18,200,000

44,200,000

NAP

CREFI

Florham Park Corporate Center

NAP

GACC

Sparks Galleria

NAP

CREFI

530 Midwood

NAP

JPMCB

The Rockland

NAP

JPMCB

Sunset North

Yes

20,000,000

130,000,000

150,000,000

NAP

JPMCB

600 & 620 National Avenue

Yes

20,000,000

117,900,000

137,900,000

NAP

JPMCB

City Hyde Park

Yes

20,000,000

92,000,000

112,000,000

NAP

CREFI

Keystone Plaza

NAP

JPMCB

The Shoppes at Southside

NAP

CREFI

Caughlin Ranch

NAP

GACC

SE Michigan Multifamily Portfolio

NAP

34.01

GACC

Anthos Garden

34.02

GACC

Top of the Drive

34.03

GACC

Victoria Place

34.04

GACC

Park High

A-1-19

ANNEX A-1

Pari Passu Debt

Additional Debt

Pari Passu

Total Cut-off

Additional

Pari Passu

Note Control

Piece In Trust

Piece Non Trust

Date Pari

Addit Debt

Additional

Debt Cut off

Additional Debt

Loan #

Seller⁽¹⁾

Property Name

(Y/N)

(Y/N)⁽²⁸⁾

Cut-Off Balance

Passu Debt

Permitted (Y/N)

Exist (Y/N)⁽²⁹⁾

Debt Type(s)

Date Balance

Interest Rate

34.05

GACC

Boulder Creek

GACC

The Shops at Merchant’s Square

NAP

CREFI

333 Cypress

NAP

CREFI

Arrow Business Park

NAP

Yes

Permitted Mezzanine/Permitted Preferred Equity

NAP

CREFI

3 Avenues Shopping Center

NAP

JPMCB

Daniel - The Dinex Group

NAP

CREFI

CubeSmart Self Storage - Pembroke Pines

NAP

GACC

Pioneer Plaza

NAP

JPMCB

Bella Vista Phase II

NAP

CREFI

Nobu DC

NAP

JPMCB

Bay Pointe Apartments

NAP

CREFI

652 Kent Avenue

NAP

JPMCB

WoodSpring Suites Grand Rapids Holland & Tyler

NAP

46.01

JPMCB

WoodSpring Suites Grand Rapids

46.02

JPMCB

WoodSpring Suites Tyler

GACC

Oak Hills Mobile Home Park

NAP

GACC

Studio Movie Grill Chicago

NAP

CREFI

532 East 142nd Street

NAP

JPMCB

1713 Parkway

NAP

CREFI

Best Storage - South

NAP

CREFI

WAG Monck’s Corner, SC

NAP

CREFI

CubeSmart Bryan TX

NAP

A-1-20

ANNEX A-1

			Total Debt				HOTEL OPERATING STATISTICS
				Total Debt		Total Debt
			Total Debt	UW NCF	Total Debt	UW NOI	2016	2016	2016	2017	2017	2017	2018	2017	2018	Most Recent	Most Recent	Most Recent	UW	UW	UW
Loan #	Seller⁽¹⁾	Property Name	Cut-off Balance	DSCR	Current LTV %	Debt Yield %	Occupancy %	ADR ($)	RevPAR ($)	Occupancy %	ADR ($)	RevPAR ($)	Occupancy %	ADR ($)	RevPAR ($)	Occupancy %	ADR ($)	RevPAR ($)	Occupancy %	ADR ($)	RevPAR ($)	Loan #
1	CREFI	Watergate Office Building	NAP	NAP	NAP	NAP																1
2	GACC	225 Bush	350,000,000	2.24	59.4%	7.8%																2
3	JPMCB	Innovation Park	182,250,000	2.96	68.8%	11.6%																3
4	JPMCB	The Essex	215,000,000	1.33	73.4%	5.6%																4
5	GACC	180 Water	365,000,000	0.85	80.8%	4.1%																5
6	CREFI	Harvey Building Products	160,000,000	1.51	69.4%	9.1%																6
6.01	CREFI	Londonderry / Manufacturing		1.51	69.4%	9.1%																6.01
6.02	CREFI	Dartmouth / Manufacturing		1.51	69.4%	9.1%																6.02
6.03	CREFI	Waltham Corporate		1.51	69.4%	9.1%																6.03
6.04	CREFI	Woburn		1.51	69.4%	9.1%																6.04
6.05	CREFI	Nashua		1.51	69.4%	9.1%																6.05
6.06	CREFI	Woburn CPD		1.51	69.4%	9.1%																6.06
6.07	CREFI	(West) Bridgewater		1.51	69.4%	9.1%																6.07
6.08	CREFI	Manchester, NH		1.51	69.4%	9.1%																6.08
6.09	CREFI	Norwalk 256		1.51	69.4%	9.1%																6.09
6.10	CREFI	New London		1.51	69.4%	9.1%																6.10
6.11	CREFI	East Haven		1.51	69.4%	9.1%																6.11
6.12	CREFI	Lincoln		1.51	69.4%	9.1%																6.12
6.13	CREFI	Bethlehem		1.51	69.4%	9.1%																6.13
6.14	CREFI	Salem		1.51	69.4%	9.1%																6.14
6.15	CREFI	Norwalk 260		1.51	69.4%	9.1%																6.15
6.16	CREFI	Berlin		1.51	69.4%	9.1%																6.16
6.17	CREFI	Dartmouth		1.51	69.4%	9.1%																6.17
6.18	CREFI	Manchester, CT		1.51	69.4%	9.1%																6.18
6.19	CREFI	Portland		1.51	69.4%	9.1%																6.19
6.20	CREFI	Braintree		1.51	69.4%	9.1%																6.20
6.21	CREFI	Warwick		1.51	69.4%	9.1%																6.21
6.22	CREFI	Fitchburg		1.51	69.4%	9.1%																6.22
6.23	CREFI	Auburn		1.51	69.4%	9.1%																6.23
6.24	CREFI	Berlin CPD		1.51	69.4%	9.1%																6.24
6.25	CREFI	Southampton		1.51	69.4%	9.1%																6.25
6.26	CREFI	Portsmouth		1.51	69.4%	9.1%																6.26
6.27	CREFI	Wilkes-Barre		1.51	69.4%	9.1%																6.27
6.28	CREFI	Hyannis		1.51	69.4%	9.1%																6.28
6.29	CREFI	Springfield		1.51	69.4%	9.1%																6.29
6.30	CREFI	White River Junction		1.51	69.4%	9.1%																6.30
7	CREFI	Legends at Village West	120,000,000	1.67	53.3%	9.5%																7
8	GACC	80 on the Commons	NAP	NAP	NAP	NAP																8
9	JPMCB	Osborn Triangle	575,000,000	2.33	49.7%	9.3%																9
9.01	JPMCB	610 Main Street North		2.33	49.7%	9.3%																9.01
9.02	JPMCB	1 Portland Street		2.33	49.7%	9.3%																9.02
9.03	JPMCB	700 Main Street		2.33	49.7%	9.3%																9.03
10	JPMCB	Tysons Tower	190,000,000	3.07	52.1%	11.0%																10
11	JPMCB	900 & 990 Stewart Avenue	84,000,000	1.95	69.2%	9.1%																11
12	JPMCB	Hilton Cincinnati Netherland Plaza	72,500,000	1.62	68.7%	10.9%	75.2%	149.52	112.47	72.6%	156.96	113.98	75.1%	155.36	116.66	74.8%	154.12	115.28	74.8%	154.12	115.28	12
13	CREFI	Oro Valley Marketplace	NAP	NAP	NAP	NAP																13
14	JPMCB	Spectrum Brands Global Headquarters	NAP	NAP	NAP	NAP																14
15	CREFI	Compass AGP Storage Portfolio	NAP	NAP	NAP	NAP																15
15.01	CREFI	Compass Self Storage Bloomfield		NAP	NAP	NAP																15.01
15.02	CREFI	Compass Self Storage Smyrna		NAP	NAP	NAP																15.02
15.03	CREFI	Compass Self Storage Port Richey		NAP	NAP	NAP																15.03
15.04	CREFI	Compass Self Storage Wendell		NAP	NAP	NAP																15.04
15.05	CREFI	Compass Self Storage Duluth		NAP	NAP	NAP																15.05
15.06	CREFI	Compass Self Storage Kennesaw		NAP	NAP	NAP																15.06
16	GACC	221 West 29th St	NAP	NAP	NAP	NAP																16
17	JPMCB	Jersey City Group 1	NAP	NAP	NAP	NAP																17
17.01	JPMCB	92 & 96 Highland Avenue		NAP	NAP	NAP																17.01
17.02	JPMCB	58 Van Reypen Street		NAP	NAP	NAP																17.02
17.03	JPMCB	67 Stuyvesant Avenue		NAP	NAP	NAP																17.03
17.04	JPMCB	2729 John F. Kennedy Boulevard		NAP	NAP	NAP																17.04
17.05	JPMCB	1 Britton Street		NAP	NAP	NAP																17.05
17.06	JPMCB	46 Vroom Street		NAP	NAP	NAP																17.06
17.07	JPMCB	6 Tonnele Avenue		NAP	NAP	NAP																17.07
17.08	JPMCB	114 Stuyvesant Avenue		NAP	NAP	NAP																17.08
17.09	JPMCB	64 Newkirk Street		NAP	NAP	NAP																17.09
17.10	JPMCB	153 Academy Street		NAP	NAP	NAP																17.10
18	JPMCB	Jersey City Group 3	NAP	NAP	NAP	NAP																18
18.01	JPMCB	3143 & 3149 John F. Kennedy Boulevard		NAP	NAP	NAP																18.01
18.02	JPMCB	169 Manhattan Avenue		NAP	NAP	NAP																18.02
18.03	JPMCB	78 Congress Street		NAP	NAP	NAP																18.03
18.04	JPMCB	516, 518 & 520 Central Avenue		NAP	NAP	NAP																18.04
18.05	JPMCB	3719 John F. Kennedy Boulevard		NAP	NAP	NAP																18.05
18.06	JPMCB	393 Central Avenue		NAP	NAP	NAP																18.06
18.07	JPMCB	104 Booraem Avenue		NAP	NAP	NAP																18.07
18.08	JPMCB	55 Graham Street		NAP	NAP	NAP																18.08
18.09	JPMCB	95 Beacon Avenue		NAP	NAP	NAP																18.09
19	JPMCB	Grand Canal Shoppes	975,000,000	1.67	59.5%	7.5%																19
20	JPMCB	230 Park Avenue South	250,000,000	2.65	51.0%	8.9%																20
21	JPMCB	Villas on Nueces	37,000,000	1.49	65.0%	7.8%																21
22	GACC	Glendale Portfolio	NAP	NAP	NAP	NAP																22
22.01	GACC	Windsor Villas		NAP	NAP	NAP																22.01
22.02	GACC	720 Louise		NAP	NAP	NAP																22.02
23	JPMCB	8 West Centre	44,200,000	1.86	63.1%	11.7%																23
24	CREFI	Florham Park Corporate Center	NAP	NAP	NAP	NAP																24
25	GACC	Sparks Galleria	NAP	NAP	NAP	NAP																25
26	CREFI	530 Midwood	NAP	NAP	NAP	NAP																26
27	JPMCB	The Rockland	NAP	NAP	NAP	NAP																27
28	JPMCB	Sunset North	150,000,000	2.63	66.1%	9.1%																28
29	JPMCB	600 & 620 National Avenue	137,900,000	1.93	70.0%	7.2%																29
30	JPMCB	City Hyde Park	112,000,000	1.06	73.8%	6.7%																30
31	CREFI	Keystone Plaza	NAP	NAP	NAP	NAP																31
32	JPMCB	The Shoppes at Southside	NAP	NAP	NAP	NAP																32
33	CREFI	Caughlin Ranch	NAP	NAP	NAP	NAP																33
34	GACC	SE Michigan Multifamily Portfolio	NAP	NAP	NAP	NAP																34
34.01	GACC	Anthos Garden		NAP	NAP	NAP																34.01
34.02	GACC	Top of the Drive		NAP	NAP	NAP																34.02
34.03	GACC	Victoria Place		NAP	NAP	NAP																34.03
34.04	GACC	Park High		NAP	NAP	NAP																34.04

A-1-21

ANNEX A-1

Total Debt

HOTEL OPERATING STATISTICS

Total Debt

UW NCF

Total Debt

UW NOI

2016

2017

2018

2017

2018

Most Recent

Loan #

Seller⁽¹⁾

Property Name

Cut-off Balance

DSCR

Current LTV %

Debt Yield %

Occupancy %

ADR ($)

RevPAR ($)

Occupancy %

ADR ($)

RevPAR ($)

Occupancy %

ADR ($)

RevPAR ($)

Occupancy %

ADR ($)

RevPAR ($)

Occupancy %

ADR ($)

RevPAR ($)

Loan #

34.05

GACC

Boulder Creek

NAP

34.05

GACC

The Shops at Merchant’s Square

NAP

CREFI

333 Cypress

NAP

CREFI

Arrow Business Park

NAP

CREFI

3 Avenues Shopping Center

NAP

JPMCB

Daniel - The Dinex Group

NAP

CREFI

CubeSmart Self Storage - Pembroke Pines

NAP

GACC

Pioneer Plaza

NAP

JPMCB

Bella Vista Phase II

NAP

CREFI

Nobu DC

NAP

JPMCB

Bay Pointe Apartments

NAP

CREFI

652 Kent Avenue

NAP

JPMCB

WoodSpring Suites Grand Rapids Holland & Tyler

NAP

82.1%

32.57

26.73

92.0%

32.81

30.19

94.9%

35.21

33.40

91.6%

35.94

32.93

91.6%

35.94

32.93

46.01

JPMCB

WoodSpring Suites Grand Rapids

NAP

95.4%

36.80

35.10

94.5%

38.07

35.96

96.6%

41.41

40.00

93.6%

42.96

40.20

93.6%

42.96

40.20

46.01

46.02

JPMCB

WoodSpring Suites Tyler

NAP

70.8%

27.75

19.64

89.9%

28.14

25.31

93.4%

29.78

27.81

90.0%

29.76

26.77

90.0%

29.76

26.77

46.02

GACC

Oak Hills Mobile Home Park

NAP

GACC

Studio Movie Grill Chicago

NAP

CREFI

532 East 142nd Street

NAP

JPMCB

1713 Parkway

NAP

CREFI

Best Storage - South

NAP

CREFI

WAG Monck’s Corner, SC

NAP

CREFI

CubeSmart Bryan TX

NAP

A-1-22

Footnotes to Annex A-1


(1)	“JPMCB” denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “GACC” denotes German American Capital Corporation, as Mortgage Loan Seller; and “CREFI” denotes Citi Real Estate Funding Inc. or one of its affiliates, as Mortgage Loan Seller. With respect to Loan No. 4, The Essex, the mortgage loan was co-originated by JPMCB and Goldman Sachs Bank USA. With respect to Loan No. 10, Tysons Tower, the mortgage loan was co-originated by JPMCB and Wells Fargo Bank, N.A. With respect to Loan No. 19, Grand Canal Shoppes, the mortgage loan was co-originated by JPMCB, Morgan Stanley Bank, N.A., Wells Fargo Bank, N.A. and Goldman Sachs Bank USA. With respect to Loan No. 20, 230 Park Avenue South, the mortgage loan was co-originated by JPMCB, Bank of America, N.A. and Wells Fargo Bank, N.A. With respect to Loan No. 29, 600 & 620 National Avenue, the mortgage loan was co-originated by JPMCB and Wells Fargo Bank, N.A.

(2)	With respect to Loan No. 8, 80 on the Commons, the property includes 173,254 square feet of office space in addition to 125 multifamily units. The rent roll for the office space is dated as of September 20, 2019, and the rent roll for the multifamily units is dated as of September 19, 2019. The appraiser provided a 5.00% cap rate for the multifamily and a 7.25% cap rate for the commercial space.

(3)	Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. With respect to Loan No. 4, The Essex, Units reflects only the multifamily portion of the mortgaged property, exclusive of the retail component occupied by a Regal Cinemas. With respect to Loan No. 7, Legends at Village West, the borrower ground leases certain spaces at the mortgaged property to various tenants, including Residence Inn and Taco Bueno. With respect to Loan No. 13, Oro Valley Marketplace, the borrower ground leases certain spaces at the mortgaged property to various tenants, including Wal-Mart. With respect to Loan No. 18, Jersey City Group 3, seven commercial leases exist across three properties in the portfolio, and such commercial leases are not reflected by Units. With respect to Loan No. 19, Grand Canal Shoppes, Units excludes the 84,743 square foot space currently leased to Barneys New York. This space is included in the collateral, but the mortgage loan documents permit a free release with respect to such space. As such, no value or rental income has been attributed to this space. With respect to Loan No. 30, City Hyde Park, Units does not reflect the 110,062 square feet of space leased to retail tenants. With respect to Loan No. 32, The Shoppes at Southside, Chick-fil-A, the 4th Largest Tenant, owns its improvements but not the underlying land, which is ground leased from the borrowers. The term of the lease commenced on June 25, 2004, and expires on October 31, 2024, with two five-year renewal options. The annual rent under the ground lease is $106,150. Tenant has a right of first refusal to purchase the leased land in the event the borrowers decide to sell the leased land separately from all or any portion of the mortgaged property. With respect to Loan No. 38, 3 Avenues Shopping Center, the borrower ground leases certain spaces at the mortgaged property to various tenants, including Chase Bank. With respect to Loan No. 45, 652 Kent Avenue, the mortgaged property includes one leased fee property for which the related borrowers own the underlying land but not the improvements, which are owned by the applicable ground lessees.

A-1-23


(4)	In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy. UW Revenues ($), UW NOI ($) and UW NCF ($) are generally calculated by the Mortgage Loan Seller in accordance with its underwriting guidelines. UW NOI ($) and UW NCF ($) may include contractual or market rent escalations and, in the case of certain tenants, may be based on the average rent paid by the tenant through either the term of the related lease or the mortgage loan. Please see “Description of the Mortgage Pool—Certain Calculations and Definitions” for additional information. With respect to Loan No. 7, Legends at Village West, Occupancy % includes temporary tenant Spirit Halloween, which occupies 21,975 square feet at the mortgaged property. With respect to Loan No. 8, 80 on the Commons, Root Insurance has executed a lease for floors three through five and a suite on floor six, but has not yet taken occupancy of the suite on floor six, which consists of 10,311 square feet of its leased premises. In addition, the 2nd Largest Tenant, Coastal Ridge (11.5% of office net rentable area), and the 5th Largest Tenant, Sweney Cartwright (2.7% of office net rentable area), are not yet in occupancy of their respective spaces and are expected to take occupancy in February and January of 2020, respectively. Gap rent was reserved at origination (four months for Coastal Ridge and three months for Sweeney Cartwright). With respect to Loan No. 12, Hilton Cincinnati Netherland Plaza, approximately 35.6% of UW Revenues ($) is attributable to the food and beverage outlets at the mortgaged property and the remainder of the UW Revenues ($) is attributable to the hospitality component of the mortgaged property. With respect to Loan No. 13, Oro Valley Marketplace, the 2nd Largest Tenant, Ashley Furniture, has taken possession of its space and is expected to complete its build out, take occupancy and commence paying rent within 6 months of the Cut-off Date. With respect to Loan No. 20, 230 Park Avenue South, the Largest Tenant, Discovery, has not taken full occupancy of its premises or commenced paying full rent, as the space is currently undergoing build-out. The tenant is expected to begin taking occupancy in January 2020 with a full occupancy date expected by December 2020. With respect to Loan No. 28, Sunset North, the 3rd Largest Tenant, WeWork, has executed its lease, taken possession of its space and begun paying rent, but has not yet taken occupancy. According to the borrower sponsor, WeWork is expected to complete buildout of its space and begin taking occupancy in November 2019. We cannot assure you that WeWork will take occupancy as expected. With respect to Loan No. 29, 600 & 620 National Avenue, the Largest Tenant, Google, has executed its lease but has not taken occupancy. With respect to Loan No. 35, The Shops at Merchant's Square, the 5th Largest Tenant, Aspen Dental, has executed a lease but has not taken occupancy or commenced paying rent. The tenant is expected to take occupancy in January 2020.

(5)	With respect to all mortgage loans, with the exceptions of the mortgage loans listed below, the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met. With respect to Loan No. 3, Innovation Park, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Hypothetical As-Is” appraised value of $264,900,000 as of August 22, 2019, which assumes that approximately $2.2 million of outstanding tenant improvement and leasing costs were reserved at loan origination. At loan origination, such amounts were reserved accordingly. Based on the As-Is appraised value of $262,900,000 as of August 22, 2019, the Current LTV % and Maturity LTV % are both equal to 69.3%. With respect to Loan No.7, Legends at Village West, the Current Date LTV % and Maturity LTV % at Maturity / ARD are calculated based upon the “As-Stabilized” Appraised Value of $225,000,000. This represents the aggregate “as-stabilized” appraised value of the mortgaged property as of September 1, 2021 which assumes the mortgaged property achieves stabilized occupancy. On the origination date of the Legends at Village West mortgage loan, an upfront reserve of $10,000,000 was deposited into the leasing reserve account. The Current LTV % and Maturity LTV%, calculated based on the aggregate “as-is” Appraised Value of $205,000,000, are 58.5% and 53.0% respectively.

A-1-24

With respect to Loan No. 11, 900 & 990 Stewart Avenue, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Hypothetical Value With PILOT Extended and Assuming Reserve” appraised values of the two individual parcels comprising the mortgaged property as of May 2, 2019, in the aggregate amount of $121,400,000. The Hypothetical Value With PILOT Extended and Assuming Reserve appraised value assumes that (i) the borrower deposited $8.0 million into a reserve for future tenant improvements, leasing commissions and capital expenditures, which were reserved at origination and (ii) the related PILOT programs are extended beyond its current expiration date (as further described in footnote 16 below). At loan closing, such amounts were reserved accordingly. Based on the “As-Is” appraised value of $101,900,000 as of May 2, 2019, the Current LTV % and Maturity LTV % are equal to 82.4% and 82.4%, respectively.

With respect to Loan No. 12, Hilton Cincinnati Netherland Plaza, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Hypothetical As-Is” appraised value of $105,500,000, which assumes that approximately $1.5 million of PIP work has been completed. At loan origination, the borrower reserved $1,687,534, representing approximately 110.0% of the estimated cost of the remaining PIP work. Based on the “As-Is” appraised value of $104,000,000 as of August 22, 2019, the Current LTV % and Maturity LTV % are 69.7% and 64.6%, respectively.

With respect to Loan No. 20, 230 Park Avenue South, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Hypothetical Market Value As Stabilized Today” appraised value as of July 24, 2019, which assumes that that all outstanding free rent, tenant improvements and leasing commissions have been completed at the mortgaged property. At origination, approximately 34,263,578.42 was reserved for all outstanding free rent and 75% of tenant improvements and leasing commissions. The remaining outstanding tenant improvements and leasing commissions are fully guaranteed by the guarantor. Based on the “As-Is” appraised value of $415,000,000 as of July 24, 2019, the Current LTV % and Maturity LTV % are both 60.2%.

With respect to Loan No. 21, Villas on Nueces, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “As Complete” value of $56,900,000 as of September 2, 2019, which includes Furniture, Fixtures and Equipment, deemed to have a contributory value of $1,107,000 and is an integral part of the subject student housing operation. The property was fully constructed and delivered in September 2019. Based on the “as-is” appraised value of $55,100,000 as of July 2, 2019, the Current LTV % and Maturity LTV % are both equal to 54.4%.

With respect to Loan No. 24, Florham Park Corporate Center, the Current LTV % and Maturity LTV % are calculated based on the “As-Stabilized” Appraised Value ($) of $37,200,000 as of September 1, 2020 which assumes the market participant attitude and perceptions stay the same at the mortgaged property. On the origination date Mortgaged Loan, the borrower sponsors reserved $310,164 for an Unfunded Tenant Obligations Reserve and $164,188 for a Free Rent Reserve. The Current LTV % and Maturity LTV%, calculated based on the “As-Is” Appraised Value of $35,600,000 as of September 6, 2019, are 70.2 and 59.0% respectively.

With respect to Loan No. 29, 600 & 620 National Avenue, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Market Value As Stabilized” appraised value of $197,000,000 as of August 19, 2019, which assumes that the sole tenant at the mortgaged property, Google, has taken possession of its space and commenced paying fully unabated rent and all outstanding tenant improvements and leasing commissions have been reserved. At loan origination, such amounts were reserved accordingly. Based on the “as-is” appraised value of $185,000,000 as of August 19, 2019, the Current LTV % and Maturity LTV % are both equal to 74.5%.

With respect to Loan No. 32, The Shoppes at Southside, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “As-If Escrow Funded Hypothetical Market Value As-Is” appraised value of $23,400,000 as of August 13, 2019, which assumes amounts to complete the Aspen Dental will be funded at closing in an amount of $1,500,000, which is for construction costs, the tenant improvement allowance and leasing commissions. Based on the “as-is” appraised value of $21,900,000 as of August 13, 2019, the Current LTV %and Maturity LTV % are 75.3% and 68.5%, respectively.

With respect to Loan No. 35, The Shops at Merchant’s Square, the Appraised Value reflects the “As-Is Hypothetical” appraised value of $18,100,000 as of August 9, 2019, which assumes the existing tenants are paying contract lease rates with no rent abatements; the vacant space is occupied with a tenant paying market rent; there are no outstanding tenant improvements and/or leasing commissions. The “As-Is” appraised value for the mortgaged property as of August 9, 2019 is $15,125,000, which results in a Current LTV % and Maturity LTV % of 89.1% and 73.2%, respectively.

With respect to Loan No. 39, Daniel - The Dinex Group, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Market Value Subject to the Hypothetical Condition As-Leased” appraised value of $19,800,000 as of August 28, 2019, which assumes that (i) the mortgaged property is leased to a related party, 65th Street

A-1-25

	Restaurant, LLC (guaranteed by the Dinex Group LLC) for 20 years on a net basis, with the net lease including annual increases of 3.00%, and (ii) the lease will begin as of the date of value with no deductions for lease-up costs. The terms of the executed lease with the sole tenant are generally consistent with the foregoing hypothetical conditions. Based on the “as-is” appraised value of $22,200,000 as of August 28, 2019, the Current LTV % and Maturity LTV % are both equal to 55.0%. With respect to Loan No. 41, Pioneer Plaza, the Current LTV % and Maturity LTV % are calculated based upon the “As-Complete” Appraised Value of $15,500,000. This value was arrived at by noting the $15,000,000 sale was inclusive of a $480,000 credit to fix the roof, which has been escrowed upfront. The Current LTV % and Maturity LTV %, calculated based on the aggregate “As-Is” Appraised Value of $15,000,000, as of June 28, 2019, are 77.3% and 61.1%, respectively.

	With respect to Loan No. 50, 1713 Parkway, the Appraised Value ($), Current LTV % and Maturity LTV % reflect the “Hypothetical Market Value As If – Escrow Funded” appraised value of $5,800,000 as of August 22, 2019, which assumes that the rent abatements, tenant improvements and leasing commissions are funded for the 2nd Largest Tenant, Pizza Hut. At loan origination, such amounts were reserved accordingly. Based on the “As-Is” appraised value of $5,700,000 as of August 22, 2019, the Current LTV % and Maturity LTV % are equal to 65.8% and 59.7%, respectively.

(6)	For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation.

(7)	With respect to Loan Nos. 2, 3, 4, 5, 6, 7, 9, 10, 11, 12, 19, 20, 23, 28, 29, and 30, 225 Bush, Innovation Park, The Essex, 180 Water, Harvey Building Products, Legends at Village West, Osborn Triangle, Tysons Tower, 900 & 990 Stewart Avenue, Hilton Cincinnati Netherland Plaza, Grand Canal Shoppes, 230 Park Avenue South, 8 West Centre, Sunset North, 600 & 620 National Avenue, and City Hyde Park, in each case, the mortgage loan is part of a larger split whole loan, which consists of the mortgage loan and one or more pari passu and/or subordinate components. Please see “Description of the Mortgage Pool—The Whole Loans” for additional information. With respect to Loan Nos. 17 and 18, Jersey City Group 1 and Jersey City Group 3, in each case, the mortgage loan documents do not permit partial release of the individual mortgaged properties.

(8)	Each number identifies a group of related borrowers. With respect to Loan Nos. 1, 13, 14, 24, and 32, Watergate Office Building, Oro Valley Marketplace, Spectrum Brands Global Headquarters, Florham Park Corporate Center and The Shoppes at Southside, in each case, the borrowers own the mortgaged property as tenants-in-common.

(9)	For each mortgage loan, the Net Mortgage Rate % is equal to the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”).

(10)	For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360.

(11)	With respect to all mortgage loans, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12.

(12)	In some instances in which the loan documents provide grace periods with respect to payments, such grace periods may be permitted a limited number of times per any 12-month periods. With respect to Loan Nos. 3, 21, 32, and 39, Innovation Park, Villas on Nueces, The Shoppes at Southside, and Daniel - The Dinex Group, the late payment of 5% excludes the balloon payment of principal due on the Maturity Date.

(13)	The “L” component of the prepayment provision represents lockout payments. The “Def” component of the prepayment provision represents defeasance payments.

A-1-26

The “YM” component of the prepayment provision represents yield maintenance payments.
The “O” Component of the prepayment provision represents the free payments including the Maturity Date.

In the case of certain mortgage loans, the loan documents permit the related borrower to prepay a portion of the mortgage loan in connection with partial releases of collateral, to cure a cash management period triggered by certain events or circumstances or to meet certain financial metrics contained in the related loan documents.

With respect to Loan No. 2, 225 Bush, the lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the 225 Bush whole loan in full is permitted after the date that is the earlier to occur of (i) October 18, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 5, 180 Water, the lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the 180 Water whole loan in full is permitted after the date that is the earlier to occur of (i) December 6, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer

With respect to Loan No 6. Harvey Building Products, the lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the full $160.0 million Harvey Building Products Whole Loan is permitted after the date that is earlier to occur of (i) October 22, 2022 and (ii) two years after the date of the securitization of the last portion of the Harvey Buildings Products Whole Loan. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 7, Legends at Village West, the lockout period will be at least 24 payment dates beginning with and including the first payment date of December 6, 2019. Defeasance of the full $120.0 million Legends at Village West Whole Loan is permitted after the date that is earlier to occur of (i) October 22, 2022 and (ii) two years after the date of the securitization of the last portion of the Legends at Village West Loan. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 10, Tysons Tower, the lockout period will be at least 25 payment dates beginning with and including the first Payment Due Date of November 11, 2019. The borrower is permitted to prepay the full $190.0 million Tysons Tower Whole Loan with the payment of yield maintenance premium after the date that is the earlier to occur of (i) November 11, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 19, Grand Canal Shoppes, the lockout period will be at least 28 payment dates beginning with and including the first payment date of August 1, 2019. Defeasance of the full $975.0 million Grand Canal Shoppes Whole Loan is permitted after the date that is the earlier to occur of (i) June 3, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 28 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 20, 230 Park Avenue South, the lockout period will be at least 26 payment dates beginning with and including the first payment date of October 11, 2019. Defeasance or prepayment is permitted at any time after the earlier to occur of (a) the end of the two-year period commencing on the closing date of the securitization of the last promissory note representing a portion of the 230 Park Avenue South Whole Loan to be securitized and (b) September 11, 2022 (“Defeasance Lockout Date”). The assumed lockout period of 26 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

With respect to Loan No. 23, 8 West Centre, the lockout period will be at least 24 payment dates beginning with and including the first Payment Due Date of December 1, 2019. The borrower is permitted to (i) prepay the 8 West Centre Whole Loan with the payment of yield maintenance premium on December 1, 2023, or (ii) defease the 8

A-1-27

	West Centre Whole Loan on the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized, whichever occurs earlier. The assumed lockout period of 24 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer. With respect to Loan No. 28, Sunset North, the lockout period will be at least 25 payment dates beginning with and including the first payment date of November 1, 2019. Defeasance of the full $150.0 million Sunset North Whole Loan is permitted after the date that is the earlier to occur of (i) November 1, 2023 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer. With respect to Loan No. 29, 600 & 620 National Avenue, the lockout period will be at least 26 payment dates beginning with and including the first payment date of October 11, 2019. Defeasance of the full $137.9 million 600 & 620 National Avenue Whole Loan is permitted after the date that is the earlier of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) October 11, 2022. For the purposes of this prospectus, the assumed lockout period of 26 months is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer. With respect to Loan No. 30, City Hyde Park, the lockout period will be at least 25 payment dates beginning with and including the first payment date of November 1, 2019. Defeasance of the full $112.0 million City Hyde Park Whole Loan is permitted after the date that is the earlier to occur of (i) November 1, 2023 and (ii) two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 25 payments is based on the expected Benchmark 2019-B14 securitization closing date in November 2019. The actual lockout period may be longer.

(14)	With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed, renovated and/or acquired. With respect to Loan No. 4, 21, and 30, The Essex, Villas on Nueces, and City Hyde Park, in each case, the related property is newly constructed and some historical financials may not be available. With respect to Loan No. 5, 180 Water, the mortgaged property was recently renovated in 2017, therefore limited historical information is available. With respect to Loan No. 6, Harvey Building Products, the borrower was not provided with any historical information prior to the purchase date of the mortgaged property due to the nature of the triple net lease. With respect to Loan No. 8, 80 on the Commons, the mortgaged property was recently built in 2018, therefore limited historical information is available. With respect to Loan Nos. 9, 11, 14, and 42, Osborn Triangle, 900 & 990 Stewart Avenue, Spectrum Brands Global Headquarters, and Bella Vista Phase II, in each case, the related property is newly acquired and some historical financials may not be available. With respect to Loan No. 16, 221 West 29th St, the mortgaged property was recently built in 2017, therefore limited historical information is available. With respect to Loan No. 17 and 18, Jersey City Group 1 and Jersey City Group 3, in each case, the mortgage loan is not showing property level financials as the mortgaged properties are crossed. With respect to Loan Nos. 20 and 29, 230 Park Avenue South and 600 & 620 National Avenue, in each case, the related property is undergoing a tenant build-out and some historical financials may not be available. With respect to Loan No. 26, 530 Midwood, the mortgaged property was recently built in 2016 with the second phase being built in 2018. therefore limited historical information is available. With respect to Loan No. 33. Caughlin Ranch, December 31, 2018 financial information is based on the trailing 9 months annualized. With respect to Loan No. 35, The Shops at Merchant's Square, the mortgaged property was recently built in 2019, therefore limited historical information is available.

A-1-28

	With respect to Loan No. 36, 333 Cypress, the mortgaged property was constructed in 2017 and then leased up, therefore historical financial information is not available. The August 31, 2019 financial information is based on the trailing 10 months annualized. With respect to Loan No. 37, Arrow Business Park, the mortgaged property was an acquisition, therefore limited historical information is available.

	With respect to Loan No. 39, Daniel - The Dinex Group, the property is occupied by a single tenant related to the borrower pursuant to a NNN lease. With respect to Loan No. 43, Nobu DC, the mortgaged property was constructed in 2017, therefore historical financial information is not available. With respect to Loan No. 45, 652 Kent Avenue, the mortgage property is leased to a single tenant, and the related borrower did not provide the related mortgage loan seller with historical financial information. With respect to Loan No. 48, Studio Movie Grill Chicago, the borrower was not provided with any historical information prior to the purchase date of the mortgaged property due to the nature of the triple net lease. With respect to Loan No. 49, 532 East 142nd Street, the mortgaged property was constructed in 2018, therefore historical financial information is not available. With respect to Loan No. 50, 1713 Parkway, the related property was constructed in 2017 and some historical financials may not be available. With respect to Loan No. 52, WAG Monck’s Corner, SC, the borrower was not provided with any historical information prior to the purchase date of the mortgaged property due to the nature of the triple net lease.

(15)	In the case of certain mortgage loans, the UW NOI ($) exceeds Most Recent NOI ($) by 10%. With respect to Loan No. 1, Watergate Office Building, the UW NOI is over 10% higher than 2018 NOI. The increase from TTM NOI to UW NOI is primarily due to recent leasing at the Watergate Office Building Property (as defined below) and rent steps ($218,785 of contractual rent steps through August 2020 and $238,217, which represents present value of rent steps for GWU (defined below). Eight new leases were executed since January 2019 accounting for $393,511 of base rent. Loan No. 2, 225 Bush, the UW NOI ($) is more than 10% higher than the Most Recent NOI ($) primarily because of new leases being signed at market rent. Loan No. 5, 180 Water, the UW NOI ($) is more than 10% higher than the Most Recent NOI ($) primarily because the Most Recent NOI ($) is based on recent lease-up of the commercial units and burn-off of concessions. With respect to Loan No. 8, 80 on the Commons, the UW NOI ($) is more than 10% higher than the Most Recent NOI ($) primarily because the property is newly built in 2018 and the property is currently in the process of stabilizing. With respect to Loan No. 9, Osborn Triangle, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to investment grade rent steps and market rent adjustments at the mortgaged property. With respect to Loan No. 11, 900 & 990 Stewart Avenue, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent leasing and investment grade straightlined rents at the mortgaged property. With respect to Loan No. 22, Glendale Portfolio, the UW NOI ($) is more than 10% higher than the 2018 NOI ($) primarily because the properties were purchased by the loan sponsor in 2018, subsequently underwent an extensive value-add renovation and have been stabilizing since the TTM period. With respect to Loan No. 24, Florham Park Corporate Center, the UW NOI is over 10% higher than 2018 NOI. The increase from 2018 NOI to UW NOI is primarily attributable to several new leases being signed at the end of 2018 accounting as well as contractual rent steps.

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	With respect to Loan No. 27, The Rockland, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent capital expenditures expected to increase base rent and occupancy. With respect to Loan No. 28, Sunset North, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent leasing at the mortgaged property. With respect to Loan No. 30, City Hyde Park, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to recent leasing and contractual rent steps at the mortgaged property.

	With respect to Loan No. 44, Bay Pointe Apartments, the increase by 10% or more from Most Recent NOI ($) to UW NOI ($) is primarily attributable to increase in rents and reduction in expenses.

(16)	With respect to all hotel properties the UW NOI ($) is shown after taking a deduction for an FF&E reserve, and as such, the UW NOI ($) and UW NCF ($) for these properties are the same. With respect to Loan No. 4, The Essex, the mortgaged property has received a tax exemption pursuant to Section 421-a of the New York Real Property Tax Law by which the mortgaged property is currently exempt from the payment of approximately 93.45% of the real estate taxes with respect to the residential units and 84.42% of real property taxes with respect to the theater unit, resulting in a total estimated real estate tax abatement of approximately $28 million. The exemption expires in 2054. The mortgage loan was underwritten based on the abated taxes. Please see “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” for additional information. With respect to Loan No. 8, 80 on the Commons, the mortgaged property benefits from a 15 year tax abatement which commenced in the 2018 (payable 2019) tax year and includes an abatement on 100% of the value of the site improvements, but does not abate taxes on the land value. Real estate taxes were underwritten based on the abated taxes. With respect to Loan No. 11, 900 & 990 Stewart Avenue, to obtain the payment-in-lieu of taxes benefits, the borrower leases each of the 900 Stewart Avenue portion and the 990 Stewart Avenue portion comprising the mortgaged property to the Town of Hempstead Industrial Development Agency (the “Hempstead IDA”), and the Hempstead IDA subleases each such portion back to the borrower (collectively and individually, the “Hempstead IDA Leaseback”), with the 900 Stewart Avenue leases and the 990 Stewart Avenue leases scheduled to expire on December 31, 2030 and December 31, 2031, respectively. Under each Hempstead IDA Leaseback document, as long as the Hempstead IDA Leaseback is in effect, the borrower is required to make payments-in-lieu of taxes (“PILOT Payments”) in accordance with the payment schedule set forth in the applicable Hempstead IDA Leaseback document. Please see “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” for additional information. With respect to Loan No.16, 221 West 29th St, the mortgaged property benefits from a 35-year 421-a partial tax exemption under the Affordable New York program. Under such program, the related mortgaged property receives a tax exemption on the increase in assessed value above the taxable assessed value (land and building) in the tax year prior to the commencement of construction for a 35-year period, which commenced in the 2017/2018 tax year. Real estate taxes were underwritten based on the abated taxes. In connection with such tax exemption, the mortgaged property is required to remain rent stabilized during such 35 year period. In addition, the mortgaged property is a ‘75/25” project pursuant to which 25% of the units are required to be affordable units leased to low- or moderate-income tenants with household income of up to 40% (10 units), 60% (10 units), or 130% (5 units) of the Department of Housing and Urban Development (“HUD”) area median income, and rent increases are required to be at the lower of rent stabilization or HUD guideline increases. The affordable housing units are required to remain affordable in perpetuity.
	With respect to Loan No. 26, 530 Midwood, the mortgaged property is currently in year 1 of a 25-year 421-a tax abatement, which is scheduled to phase out completely in 2044. The mortgaged property receives a 100% exemption for the first 21 years with respect to any increase in assessments above the base year assessment. With respect to Loan No. 30, City Hyde Park, the mortgaged property is subject to a tax increment financing (“TIF”) grant approved by the City of Chicago Community Development Commission (the “Commission”). The TIF allows the owner of the mortgaged property to receive reimbursement of all TIF eligible costs, which include land acquisition costs, on- and off-site infrastructure costs and other qualified improvements of 100% of the annual real property tax revenues, resulting in income from the Commission to the borrower. The TIF program runs through 2036, with income from the program ceasing in 2033. In connection with the TIF, the City of Chicago executed two

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	promissory notes in favor of the borrower, which has in turn assigned its rights in the notes and the other documents securing or evidencing the notes to the lender. Pursuant to the TIF arrangement, 20% of the multifamily units are required to be rented as affordable housing units, which restrictions will expire upon the earlier of (i) the 30th anniversary of the date on which the last eligible unit is first leased to a low income household, which date was December 1, 2016, and (ii) foreclosure by a first construction or permanent lender. Please see “Description of the Mortgage Pool—Real Estate and Other Tax Considerations” for additional information. With respect to Loan No. 34, SE Michigan Multi-Family Portfolio, all of the related mortgaged properties accept Section 8 – Housing Choice Vouchers, which account for 27.6% of the related mortgaged properties’ total revenue. In addition, there is a Housing Assistance Payments Contract (“HAP Contract”) in place between the Michigan State Housing Development Authority (the “MSHDA”), as the local contractor for the Department of Housing and Urban Development (“HUD”), with respect to 40 of the 101 units at the Boulder Creek mortgaged property. The current term of the HAP contract expires on or about June 1, 2021. The rental subsidy under the HAP contract is an amount equal to the difference between the HUD approved rent (which is currently $623 for the one bedroom units and $737 for the two bedroom units) and the HUD required rental contribution from eligible tenant families. HUD and the MSHDA consented to the assignment of the HAP Contract to the lender; however, the lender and its assignees may not become successor parties to the HAP Contract without approval of the MSHDA. With respect to Loan No. 36, 333 Cypress, the mortgaged Property is currently in year 2 of a 35-year 421-a tax abatement, which is scheduled to phase out completely in 2053. The mortgaged property receives a 100% exemption of taxes on improvements for the first 25 years and an exemption of approximately 30% for the final 10 years. With respect to Loan No. 49, 532 East 142nd Street, mortgaged Property is currently in year 2 of a 35-year 421-a tax abatement, which is scheduled to phase out completely in 2053. The mortgaged property receives a 100% exemption of taxes on improvements for the first 25 years and an exemption of approximately 30% for the final 10 years.

(17)	The UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan. With respect to Loan No. 36, 333 Cypress, the UW NOI DY and UW NCF DY was calculated net of the $172,716 421-a holdback reserve, which is equal to one years’ rent for the seven vacant affordable units. The reserve will be released upon the units being leased. With respect to Loan. 49, 532 East 142nd, the UW NOI DY and UW NCF DY were calculated net of the $46,176 421-a reserve, which is equal to one years’ rent for the two vacant affordable units and the $400,000 economic holdback for the one unleased market rate unit. The 421-a reserve will be released upon the two affordable units being leased and the economic holdback will be released upon the one market rate unit being leased and the debt yield being equal to or greater than 7.2%.

(18)	In the case of certain mortgage loans, all or a portion of the Title Type consists of a leasehold interest. With respect to Loan No. 4, The Essex, one of the related borrowers has a beneficial interest, rather than a fee simple interest, in two of the condominium units that constitute part of the collateral for the mortgage loan. Please see “Description of the Mortgage Pool—Fee and Leasehold Estates; Ground Leases” for additional information. With respect to Loan No. 9, Osborn Triangle, the mortgaged properties are subject to a condominium regime, with each individual mortgaged property being owned by an affiliate of the Massachusetts Institute of Technology. The fee owner of the units master leases each unit to the individual borrower, and the mortgaged property is secured by such leasehold interests. Pursuant to each master lease, the fee owner of the units has delegated the rights to exercise its rights and privileges in its capacity as the fee owner of the units under the condominium declaration to each borrower, and the individual borrowers control 100% of the condominium interests. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information. With respect to Loan No. 12, Hilton Cincinnati Netherland Plaza, the mortgaged property is one of three condominium units that collectively constitute a condominium regime. The borrower does not control the condominium board of directors. However, the borrower sponsor is one of three members of the board of directors, and the other two directors are appointed by the remaining unit owners, each an affiliate of the borrower. Please

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	see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information. With respect to Loan No. 39, Daniel - The Dinex Group, the mortgage loan is secured by an interest in a condominium unit, which is part of a fractured mixed-use regime. The borrower does not control the related condominium board. However, the mortgage loan documents provide for a non-recourse carveout for losses associated with any amendment or modification or termination of the related condominium documents without the lender’s consent. Please see “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information.

	With respect to Loan No.41, Pioneer Plaza, the mortgaged property is subject to a master lease in connection with a reverse 1031 exchange. There are two co-borrowers, and at origination of the mortgage loan, one of the coborrowers, Pioneer Plaza Springfield, LLC, as fee owner of the mortgaged property, which co-borrower is currently owned by 1031 EP1, Inc., a 1031 exchange accommodation owner, entered into a master lease with the other coborrower, Pioneer Plaza Springfield #2, LLC, as master tenant and as lessee. The mortgage loan documents for Pioneer Plaza mortgage loan provide that the master lease will be terminated simultaneously with the occurrence of the reverse 1031 exchange, at which time the fee owner will be owned by an entity controlled by the non-recourse carveout guarantor. The master tenant is required to pay rent under the related master lease in an aggregate amount equal to all operating expenses for the related mortgaged property, including all debt service required under the related mortgage loan documents.

(19)	With respect to each hotel property, shows the expiration date of the related license agreement, franchise agreement, operating agreement or management agreement. See “Description of the Mortgage Pool—Property Types—Hotel Properties” in the preliminary prospectus for information related to mortgage loans secured by hotel properties.

(20)	Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents. With respect to Loan No. 5, 180 Water, the Upfront Other reserve includes (i) 1,200,000 deposited into a reserve for operating shortfalls at origination, (ii) approximately $891,146 into a prepaid rent reserve, (iii) $1,808,900 into a conversion reserve and (iv) $200,000 into a shortfall reserve which the borrower is required to transfer to the respective reserve on November 6, 2019. In addition, until the aggregate debt service coverage ratio (including the mortgage and mezzanine loans) reaches 1.15x or 2.21x on the whole loan, if the lender determines that the balance of the operating shortfall reserve is less than the shortfalls expected to occur over the immediately succeeding three-month period, then the lender may notify the borrower, and the borrower will be required to deposit additional funds into the operating shortfall reserve such that the balance will cover all expected shortfalls to occur over the immediately succeeding six-month period. The borrower’s obligation to make deposits into the shortfall reserve is guaranteed by the borrower sponsor under the shortfall guaranty, until the 180 Water aggregate debt service coverage ratio (inclusive of the mezzanine debt) is equal to or greater than 1.15x as of the end of any calendar quarter, at which time, any remaining balance in the shortfall reserve will be returned to the borrower. With respect to Loan No. 6, Harvey Building Products, the tenant is required to deliver a letter of credit to the borrower in the amount of $2,500,000 to secure the repayment of the work associated with certain repairs. In the event that the borrower is entitled to draw on any letter of credit posted by Harvey Building Products, the borrower must, upon the occurrence of an event of default under the Harvey Building Products Whole Loan documents, deliver the portion of the proceeds of such letter of credit that has not been applied as set forth in the Harvey Lease, to the lender, to be held by the lender and applied as set forth in the Harvey Building Products Lease. With respect to mortgage loan No. 20, 230 Park Avenue South, in addition to approximately $34,263,578 in cash collected at the mortgage loan closing, the borrower sponsor is required to pay the remaining tenant improvement and leasing commission obligations (“Remaining TILC Obligations”) from capital contributions from the constituent owners of the mortgage loan. The Remaining TILC Obligations are fully guaranteed by the guarantor. Please see “Description of the Mortgage Pool—Redevelopment, Renovation and Expansion” for additional information. With respect to Loan No. 49, 532 East 142nd Street, the borrower was required to reserve a $400,000 holdback reserve. The reserve may be disbursed to the borrower during the first 24 months if, among other conditions, after giving effect to the requested disbursement the debt yield is not less than 7.20%.

(21)	Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0

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	balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents. With respect to Loan No. 3, Innovation Park, the borrower is required to make monthly deposits into the Monthly TI/LC Reserve ($) the amount of (a) through November 1, 2022, $115,921, and (b) thereafter, $193,201; provided, however, the requirement to make the monthly deposits into the Monthly TI/LC Reserve ($) is waived on each Payment Due Date prior to October 1, 2022 if the amount on deposit is equal to or greater than $1,400,000. The aggregate amount of the applicable amount of funds on deposit may not exceed a cap of $5,000,000 on any payment date. With respect to Loan No. 12, Hilton Cincinnati Netherland Plaza, the borrower is required to make monthly deposits into the Monthly Capex Reserve ($), beginning on May 1, 2020, an amount equal to the greater of (i) 4% of the gross income from the operation of the Mortgage Property for the preceding month and (ii) the amount of the deposit, if any, then required by the franchisor on account of FF&E under the franchise agreement. With respect to Loan No. 14, Spectrum Brands Global Headquarters, the borrowers are required to make monthly deposits into the Monthly TI/LC Reserve ($) the amount of (i) $5,235 or (ii) during the continuance of a period where the credit rating of the parent company of the Largest Tenant, Spectrum, is either (a) withdrawn by either Moody’s or S&P or (b) downgraded below “B3” by Moody’s or “B+“ by S&P, $21,010. With respect to Loan No. 21, Villas on Nueces, on each date that the borrower delivers an updated prepaid rent reserve schedule required under the mortgage loan documents, the borrower is required to reserve an amount into the Monthly Other Reserve ($) such that the amount on deposit is at least equal to the aggregate amount of the rents paid to the borrower more than one month in advance in excess of 5% of annual rent due and payable under leases. With respect to Loan No. 22, Glendale Portfolio, if the Windsor Villas mortgaged property is released the Monthly Capex Reserve ($) will drop to $1,120 and there will be no Capex Reserve Cap ($). With respect to Loan No. 23, 8 West Centre, on each Payment Due Date that the amount on deposit in the Monthly TI/LC Reserve ($) is less than the then applicable reserve cap, the borrower is required to commence making monthly deposits into the Monthly TI/LC Reserve ($) an amount of (i) $23,651 or, (ii) during the period (“Cameron Rollover Increase Trigger Period”) commencing on the date that the lease of the 2nd Largest Tenant, Cameron International Corp. (“Cameron”), expires and continuing until (A) either Cameron renews its lease or 75% of Cameron’s premises are leased to an acceptable replacement tenant that is in physical occupancy, open for business and paying full contractual rent, and (B) the debt service coverage ratio of the mortgage loan is 1.60x or greater, $37,841.
	With respect to Loan No. 32, The Shoppes at Southside, the borrowers are required to make monthly deposits of $9,384 into the Monthly TI/LC Reserve ($) beginning on the first to occur of (i) January 1, 2024 and (ii) the Payment Due Date first occurring after the amount on deposit in the Monthly TI/LC Reserve ($) is less than $300,000.00, and on each Payment Due Date thereafter. With respect to Loan No. 35, Shops at Merchant’s Square, Monthly TI/LC Reserves ($) shall be waived through December 31, 2020; thereafter, a Monthly TI/LC Reserve ($) of approximately $25,000 per year ($0.59 per square foot) with a cap of $60,000 ($1.40 per square foot) will be collected through December 31, 2024. Beginning on January 1, 2025, the Monthly TI/LC Reserve ($) will increase to $35,000 per year ($0.82 per square foot) with a cap of $100,000 ($2.34 per square foot).

(22)	Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. With respect to Loan No. 1, Watergate Office Building, The TI/LC reserve is subject to a Cap ($) of 2,364,000, however the TL/LC reserve cap will be reduced by the amount of any portion of the TI/LC upfront reserve that has been disbursed to the borrowers, but may not be reduced to an amount less than $1,614,000. With respect to Loan No. 12, Hilton Cincinnati Netherland Plaza, on each Payment Due Date, the borrower is required to deposit all excess cash flow into the Monthly Other Reserve ($), subject to a monthly cap of $250,000, to create a seasonality reserve (the “Monthly Seasonality Deposit”). However, the foregoing requirement will be

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	waived if (a) as of the applicable Payment Due Date, amounts then on deposit in the seasonality reserve account are greater than $1,000,000 and (b) the amount then on deposit in the seasonality reserve account is more than $750,000 but less than $1,000,000, then the amount to be deposited by Borrower for such Monthly Seasonality Deposit will be the difference between $1,000,000 and the amount then on deposit in the seasonality reserve account. With respect to Loan No. 14, Spectrum Brands Global Headquarters, the TI/LC Reserve Cap ($) is (i) $250,000 or (ii) during the continuance of a period where the credit rating of the parent company of the Largest Tenant, Spectrum, is either (a) withdrawn by either Moody’s or S&P or (b) downgraded below “B3” by Moody’s or “B+“ by S&P, $1,000,000. With respect to Loan No. 23, 8 West Centre, the Reserve Cap ($) is (a) $1,362,270 if a Cameron Rollover Increase Trigger Period exists, and (b) $851,419 if a Cameron Rollover Increase Trigger Period does not exist.

(23)	With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. In some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. With respect to Loan No. 9, Osborn Triangle, the Largest Tenant at each of the 610 Main Street North and 1 Portland Street mortgaged properties, Pfizer, which represents 73.8% of the total net rentable area at the Osborn Triangle mortgaged properties, subleases a total of 163,644 square feet at the 610 Main Street North mortgaged property, representing 24.2% of the total net rentable area at the Osborn Triangle mortgaged properties, as follows: (i) CRISPR Therapeutics (9.7% of total net rentable area), expiring on January 31, 2027, (ii) Lab Central (4.9% of total net rentable area), expiring on December 14, 2027, (iii) Casebia Therapeutics (4.8% of total net rentable area), expiring on March 31, 2024, and (iv) KSQ Therapeutics (4.8% of total net rentable area), expiring on February 28, 2022. In addition, CRISPR Therapeutics subleases 5,184 square feet of its subleased space to Bayer’s Life Hub Boston, whose sub-sublease expires on March 31, 2024. With respect to Loan No. 14, Spectrum Brands Global Headquarters, pursuant to a sublease (the “Sublease”) between the sole tenant at the mortgaged property, Spectrum, and Energizer Brands, LLC, an affiliate of Spectrum, Spectrum has subleased 67,663 square feet (out of a total of 252,122 square feet) to Energizer Brands, LLC. The Sublease requires the same rent as the rent under the prime lease and is co-terminous with the prime lease. With respect to Loan No. 23, 8 West Centre, the Largest Tenant, Helix Energy Solution, subleases approximately 30,104 square feet, out of the total 118,630 square feet, to the 2nd Largest Tenant, Cameron Industrial. The current annual base rent under the sublease is $571,977 and the sublease expires on November 30, 2023.

(24)	In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates. With respect to Loan No. 8, 80 on the Commons, the Largest Tenant, Root Insurance, leases 98,751 square feet of space that expires on November 30, 2024 and 10,311 square feet of space that expires on May 31, 2026.

(25)	The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. Certain tenants may have the right to reduce or abate rent or terminate all or a portion of their leased spaces for a breach or violation of co-tenancy provisions in the related leases. With respect to Loan No. 1, the Watergate Office Building, the 3rd Largest Tenant, Sage Publications, has the one-time right to terminate its lease effective November 30, 2020 with at least 12 months’ written notice and payment of a termination fee equal to the unamortized portion of leasing costs plus four monthly installments of base rent in effect on the termination date. With respect to Loan No. 3, Innovation Park, (a) the Largest Tenant, AXA Equitable, has the right to terminate its lease with respect to 144,647 square feet (out of total 291,528 square feet) on December 31, 2024, with 12 months’ prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, rent abatements and landlord work costs related to such space; (b) the 2nd Largest Tenant, Allstate Insurance Company, has the right to terminate its lease on November 30, 2022, with nine months’ prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, rent abatements and landlord work costs related to such space; (c) the 3rd Largest Tenant, Classic Graphics, has the

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	right to terminate its lease with respect to 58,969 square feet (out of total 238,744 square feet) on December 31, 2020, with nine months' prior written notice and the payment of a termination fee equal to the unamortized amounts of brokerage commissions, landlord work costs related to tenant spaces and the cost of dividing the existing space from any additional space leased to Classic Graphics; and (d) the 4th Largest Tenant, Alight Solutions LLC, has the right to terminate its lease on November 20, 2022 with 12 months’ prior notice and the payment of a termination fee equal to three months base rent and unamortized brokerage commissions, rent abatements and landlord work costs related to such space. With respect to Loan No. 8, 80 on the Commons, the 2nd Largest Tenant, Coastal Ridge, has a one-time right to terminate its lease on the 84th month of its lease (February 1, 2027) with 12 months’ notice and a termination fee of approximately $352,516. With respect to Loan No. 10, Tysons Tower, (i) the 4th Largest Tenant, Morgan Franklin, has a one-time right to terminate its lease effective February 28, 2024, with 12 months’ prior notice, subject to a termination fee equal to the then-unamortized amount of tenant improvements and leasing commissions, as of the effective date of termination, (ii) the 5th Largest Tenant, Reed Smith LLP, has a one-time right to terminate its lease effective August 1, 2027, with 15 months’ prior notice, subject to a termination fee equal to (A) three months of base rent plus (B) the then-unamortized amount of tenant improvements and leasing commissions, as of the effective date of termination. With respect to Loan No. 11, 900 & 990 Stewart Avenue, (a) the Largest Tenant, AON, has the right to terminate its lease in September 2025 with no less than 12 months’ prior written notice and the payment of a $3,283,065 termination fee, and (b) the 2nd Largest tenant by net rentable area, Wright Risk Management, has the right to terminate its lease in April 2026 with no less than 12 months’ prior written notice and the payment of a $1,393,364 termination fee.

	With respect to Loan No. 28, Sunset North, the 4th Largest Tenant, Farmers, includes (i) 60,166 square feet leased to Farmers New World with the right to terminate its lease on or after June 30, 2026 with no less than 12 months’ prior written notice and payment of a termination fee equal to (A) all rent through and including October 2026 and (B) the unamortized cost of all free or abated rent, tenant improvement allowances, reasonable attorneys’ fees, and leasing commissions actually paid or provided by the borrower, and (ii) 1,161 square feet leased to Farmers Credit Union with the right to terminate its lease on or after August 31, 2026 with no less than 12 months’ prior written notice and the payment of a termination fee equal to (A) all rent through and including December 2026 and (B) the unamortized cost of all free or abated rent, tenant improvement allowances, reasonable attorneys’ fees, and leasing commissions actually paid or provided by the borrower.

(26)	In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes or due to the number of parties serving as the Principal / Carveout Guarantor. In the case of certain mortgage loans, the loan documents permit the borrower to replace the Principal / Carveout Guarantor upon satisfaction of certain terms and conditions in the related loan documents. With respect to Loan No. 3, Innovation Park, the borrower at its election may maintain a policy of environmental insurance. In such event, the lender agrees that, with respect to all matters covered by such policy, such policy will be the lender's primary source of recovery for any liability relating to hazardous materials at the mortgaged property and the environmental indemnity provided in connection with the mortgage loan will be the lender's secondary source of recovery. Please see “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” for additional information. With respect to Loan No. 4, The Essex, in the event that the borrowers deliver to the lender an environmental insurance policy maintained by the borrowers, which is reasonably acceptable to the lender and names the lender (together with its successors and assigns) as an additional named insured thereunder, then the lender agrees that, prior to making any claims against the borrowers and guarantor for any losses, the lender will first make a claim for such losses under the environmental policy in accordance with the mortgage loan documents. Please see “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” for additional information. With respect to Loan No. 6, Harvey Building Products, the non-recourse carveout guarantor is not a party to the environmental indemnity, and the borrower is the sole party liable for any breach or violation of the indemnity. With respect to Loan No. 8, 80 on the Commons, the obligations of the non-recourse carve-out guarantor for recourse events related to voluntary bankruptcy or collusive involuntary bankruptcy and other bankruptcy-related events are capped at 20% of the outstanding principal balance of the 80 on the Commons Loan as of the date of

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	the applicable bankruptcy event, plus the lender’s reasonably incurred costs and expenses in enforcing or preserving its rights under the non-recourse carveout guaranty. With respect to Loan No. 9, Osborn Triangle, the mortgage loan has no separate carveout guarantor, and the borrowers are the only indemnitors under the related environmental indemnity agreement. At origination of the mortgage loan, the borrowers obtained an environmental insurance policy issued by the Sirius Group in the name of the borrowers, with the lender as additional named insured with its successors, assigns and/or affiliates, with per incident and aggregate limits of $5,000,000, a deductible of $25,000 per incident and a term expiring on May 16, 2032. With respect to Loan No. 10, Tysons Tower, the mortgage loan has no separate carveout guarantor, and the borrower is the only indemnitor under the related environmental indemnity agreement.

(27)	The classification of the lockbox and cash management types is described in the Prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details. With respect to Loan No. 6, 180 Water Street, the mortgage loan is in a cash sweep period as of the Cut-off Date. With respect to Loan No. 30, City Hyde Park, the mortgage loan documents require a springing hard lockbox for retail tenants and a springing soft lockbox for residential tenants with springing cash management during the period during which any of the following occurs: (i) an event of default, (ii) any bankruptcy action of the borrower or property manager, or (iii) the date that the debt service coverage ratio (as calculated in the loan documents based on the debt service for the amortization period and tested quarterly) based on the trailing three-month period immediately preceding the date of determination falls below (a) 1.10x during the interest only period or (b) 1.05x during the amortization period of the loan term.

(28)	With respect to Loan No. 3, 4, and 5, Innovation Park, The Essex, and 180 Water, the related Whole Loan will initially be serviced by the master servicer and special servicer pursuant to the pooling and servicing agreement for this transaction. From and after the date on which the related lead servicing companion loan is securitized, it is anticipated that the related whole loan will be serviced under and by the master servicer and special servicer designated in the related pooling and servicing agreement entered into in connection with such securitization.

(29)	Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Debt—Mezzanine Indebtedness” and “—Other Indebtedness” and “Certain Legal Aspects of the Mortgage Loans” in the Prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. With respect to Loan No. 4, The Essex, in connection with a tax exemption from which the mortgaged property benefits under Section 421-a of the New York Real Property Tax Law, the borrowers executed two enforcement notes payable to the order of the City of New York, acting by and through the Department of Housing Preservation and Development, in the aggregate amount of $77,799,999, which are secured by two enforcement mortgages. No payments are due under the notes during the term of the mortgage loan and the enforcement mortgages are subordinate to the lien of the mortgage in favor of the lender. Please see “Description of the Mortgage Pool – Other Secured Indebtedness” in the Preliminary Prospectus for additional information. With respect to Loan No. 5, 180 Water, a mezzanine loan was funded to the owners of the borrower concurrently with the 180 Water Whole Loan (together, the “Total Debt”). The mezzanine loan has an original principal balance of $100.0 million, accrues interest at a per annum rate of 8.30000% and is interest only for its entire term (the “Mezzanine Loan”), provided that if the Total Debt debt yield increases to 6.50%, then the interest rate will be reduced to a per annum rate of 7.80000%. The mezzanine loan is expected to be sold to an unaffiliated third party. The 180 Water Subordinate Companion Note has an outstanding principal balance as of the Cut-off Date of $127.5 million, and accrues interest at a fixed rate of 3.410377% per annum. The 180 Water B Note has a 60-month term and is interest only for the full term. With respect to Loan No. 5, 180 Water, the borrower has the right to replace the Mezzanine Loan with a replacement mezzanine loan on or after November 6, 2021, so long as certain conditions are met, including the following: (i) the replacement mezzanine loan amount is no greater than the lesser of the outstanding balance of the Mezzanine Loan at such time, or $100 million, (ii) the new lender executes an intercreditor agreement that is substantially the same as the initial intercreditor agreement for the Mezzanine Loan, (iii) immediately after the closing of the replacement mezzanine loan, the Total Debt DSCR would be no less than the greater of (a) the mortgage loan

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origination date Total Debt DSCR and (b) the Total Debt DSCR immediately prior to the closing of the replacement mezzanine loan and (iv) immediately after the closing of the replacement mezzanine loan, the total debt debt yield would be no less than the greater of (a) the mortgage loan origination date total debt debt yield and (b) the total debt debt yield immediately prior to the closing of the replacement mezzanine loan.

With respect to Loan No. 20, 230 Park Avenue South, the loan documents permit the pledge of less of than 49% beneficial ownership in the borrower.

With respect to Loan No. 32, The Shoppes at Southside, one of the three borrowers, Brickell Southwide 26 LLC (“Exchange Borrower”), has incurred an unsecured and subordinated note in the amount of $2,700,000 (the “Subordinate Note”) from Brickell Thirteen, Inc. (“Subordinate Lender”) to use the proceeds under the Subordinated Note solely as additional funds for acquisition of the mortgaged property. The Subordinate Note is required to be repaid, extinguished or otherwise discharged in full simultaneously with the completion of a reverse 1031 transfer, required to be consummated on or before March 22, 2020 (the “Reverse 1031 Transfer”), by the exchange company of 100% of the direct membership interest in the Exchange Borrower to either (a) to the Subordinate Lender or (b) to a newly formed entity owned 100% and controlled by Abbey Berkowitz, in accordance with the loan documents. See “Description of the Mortgage Loans – Additional Indebtedness – Other Indebtedness” in the Preliminary Prospectus.

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